According to Odaily Planet Daily, data released by Matrixport showed that as an active cryptocurrency market, South Korea's Ethereum and Bitcoin trading volumes ranked only sixth and seventh, while Sand, XRP, XLM and Doge were leading in trading volume.
This phenomenon reflects the change in retail investors' preferences. When Bitcoin approaches $100,000 driven by institutional funds, retail investors are more inclined to choose assets with greater growth potential and pursue higher yield elasticity.
Some indicators show that cryptocurrency trading by South Korean retail investors has surpassed local stock market trading, a sign that traditional stock investors are being replaced by a new generation of cryptocurrency retail investors. This trend may spread globally.