South Korea's Central Bank: As Bitcoin surpasses $100,000, South Korean retail investors significantly cash out to take profit.

Odaily News According to the latest financial stability report released by the Central Bank of Korea, the activity level of the Korean crypto market is still higher than the global average, at 157% and 112%, respectively. However, as Bitcoin is expected to break $100,000 in 2025, the behavior of retail investors in Korea has shifted from actively building positions to focusing on taking profits and significantly cashing out. The report indicates that 91.2% of the trading volume in the Korean crypto market is contributed by the top 10% of accounts, leading to increased risks of market manipulation. The Central Bank of Korea warns that if institutional and ETF access is relaxed, the vulnerability of the Korean market in global fluctuations will worsen. Currently, the relevant hot money has shifted to the local Korean stock market and leveraged ETFs in the US.

BTC-0.42%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • 1
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)