TechFlow reports that on December 25, according to data from the Bank of Korea released by the National Assembly's Finance Committee, as of the end of November 2024, the number of cryptocurrency investors in South Korea surpassed 15 million for the first time, reaching 15.59 million—a rise of 610,000 from October. The total market value of holdings amounted to 102.6 trillion won (approximately $79 billion), with an average holding of about 6.58 million won (around $5,070) per investor.
Data shows that the five major South Korean cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—recorded an average daily trading volume of 14.9 trillion won (about $11.5 billion) in November, comparable to the combined average daily trading volume of South Korea's two main stock markets, KOSPI and KOSDAQ, which stood at 16.9 trillion won. Market analysts believe that Trump's supportive statements toward the cryptocurrency industry have boosted investor enthusiasm in South Korea.
