According to a report by the Korea Herald on December 25, deep tide TechFlow news, data from the South Korean National Assembly's Finance Committee shows that as of the end of November 2024, the number of cryptocurrency investors in South Korea has surpassed 15 million for the first time, reaching 15.59 million, an increase of 610,000 from October. The total market value of investors' holdings reached 102.6 trillion won (approximately 79 billion USD), with an average holding of about 6.58 million won (approximately 5,070 USD).
The data shows that the average daily trading volume of South Korea's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) reached 14.9 trillion won (approximately 11.5 billion USD) in November, comparable to the average daily trading total of the South Korean KOSPI and KOSDAQ stock markets (16.9 trillion won). Market analysis believes that Trump's support for the cryptocurrency industry has driven enthusiasm among South Korean investors.