The Bank of Korea: 91.2% of trading volume in the South Korean cryptocurrency market is contributed by the top 10% of accounts, raising the risk of market manipulation.

This article is machine translated
Show original
According to Mars Finance, the latest Financial Stability Report released by the Bank of Korea shows that 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, South Korean retail investors' behavior has shifted from actively building positions to concentrated profit-taking and large-scale cashing out. The report points out that 91.2% of the trading volume in the South Korean cryptocurrency market is contributed by the top 10% of accounts, leading to an increased risk of market manipulation. The Bank of Korea warned that if institutional and ETF access is liberalized, the vulnerability of the South Korean market to global volatility will be exacerbated. Currently, related hot money has shifted to the South Korean stock market and leveraged ETFs in the US stock market.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
67
Add to Favorites
17
Comments