
South Korean crypto holdings fell to $41 billion from $83 billion in just over a year as investors shifted to stocks.
The value of cryptocurrency held by South Korean investors more than halved over the past year, falling to 60.6 trillion won ($41.4 billion) by the end of February 2026 from 121.8 trillion won ($83.3 billion) at the end of January 2025.
Daily trading volumes across the countryβs five major exchanges also fell to $3 billion by the end of February from $11.6 billion at the end of December 2024, Korean outlet The Chosun Daily reported, citing data the Bank of Korea submitted to Rep. Cha Gyu-geun of the Rebuilding Korea Party.
Won deposits held at exchanges, a proxy for investor dry powder, also fell to 7.8 trillion won from 10.7 trillion won at the end of 2024. The drop is attributed to a combination of falling crypto prices and capital flowing into the stock market.
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