Forecast Trend Report by Period
The share of users actively trading on South Korea’s major cryptocurrency exchanges has fallen below 20%, underscoring a sharp cooling in investor activity. A prolonged market slump has curbed both new investor inflows and trading.
Data submitted by the Financial Supervisory Service and analyzed by Lee Jong-wook, a lawmaker on the National Assembly’s Strategy and Finance Committee, showed the active-user ratio at the country’s five largest exchanges stood at 19.5% at the end of June, Busan Ilbo reported on August 3. The exchanges were Upbit, Bithumb, Coinone, Korbit and Gopax.
That means fewer than one in five users eligible to trade after…
