According to the latest Financial Stability Report released by the Bank of Korea, as reported by Odaily Odaily, the activity level of the South Korean cryptocurrency market remains higher than the global average, at 157% and 112% respectively. However, when Bitcoin breaks through $100,000 in 2025, the behavior of South Korean retail investors has shifted from actively building positions to concentrated profit-taking and large-scale cashing out.
The report points out that the top 10% of accounts contribute 91.2% of trading volume in South Korea's cryptocurrency market, leading to an increased risk of market manipulation. The Bank of Korea warned that opening up access to institutional and ETF markets would exacerbate the vulnerability of the South Korean market to global volatility. Currently, related hot money has shifted to the South Korean stock market and leveraged ETFs in the US stock market.
