Korean Cryptocurrency Investors Average Holdings Exceed $1.5 Million

High Net-Worth Investors in Crypto: Over 10,000 Korean investors hold more than KRW 1 billion (approximately $710,000) in cryptocurrency, with an average holding of KRW 2.23 billion ($1.59 million), significantly higher than regular users.

Young Investors Leading the Trend: Investors in their 20s have the highest per-capita crypto holdings, averaging KRW 2.7 billion ($1.92 million), indicating a shift towards long-term investment strategies among younger Koreans.

Dominance of Upbit: Upbit is the leading platform for high-net-worth crypto holders, capturing 76% of this demographic, attributed to its strong security and user-friendly features.

Growing Influence of South Korea in Crypto: The data reflects South Korea's emergence as a significant player in the crypto market, driven by a new generation of serious investors willing to embrace digital assets.