BlockBeats news, on December 25, according to a report by Yonhap News Agency, the Korean National Assembly's Finance Committee announced data from the Bank of Korea, revealing that by 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).
Data shows that the daily average trading volume of South Korea's five major CEXs (Upbit, Bithumb, Coinone, Korbit, Gopax) reached 14.9 trillion won (about 11.5 billion USD) in November, which is comparable to the total daily average trading volume of South Korea's KOSPI and KOSDAQ stock markets (16.9 trillion won). Market analysis believes that Trump’s support for the cryptocurrency industry has boosted the enthusiasm of South Korean investors.