The Bank of Korea’s latest Financial Stability Report reveals a significant behavioral shift among Korean crypto investors—from aggressive accumulation to strategic profit-taking, raising questions about the impact on global market dynamics. This means that, even as Bitcoin surged past $100,000 this year, Korean investors have been cashing out rather than doubling down. Korea’s Outsized Trading Activity Shows Signs of Cooling South Korea has long punched above its weight in global cryptocurrency markets. Despite representing a fraction of the world’s population, Korean won (KRW) trading pairs have consistently ranked among the top two fiat currencies globally by volume, often rivaling or exceeding the U
source: https://beincrypto.com/korean-investors-cashed-out-this-year-bok/