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The number of cryptocurrency investors in South Korea exceeded 15 million for the first time, and the average daily trading volume of crypto exchanges in November was close to that of the stock market.

On December 25, according to Yonhap News Agency, data from the Bank of Korea released by the Finance Committee of the National Assembly of Korea showed that as of the end of November 2024, the number of cryptocurrency investors in South Korea exceeded 15 million for the first time, reaching 15.59 million, an increase of 610,000 from October. The total market value of investors 'positions reached 102.6 trillion won (approximately US$79 billion), and the per capita holding was approximately 6.58 million won (approximately US$5070). Data shows that the average daily trading volume of South Korea's five major cryptocurrency exchanges (Upbit, Bithumb, Coinone, Korbit, and Gopax) in November was 14.9 trillion won (about 11.5 billion US dollars), which is equivalent to the average daily trading volume of South Korea's two major stock markets (16.9 trillion won). Market analysis believes that Trump's support for the cryptocurrency industry has driven South Korean investors 'enthusiasm to enter the market.

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