Asian Investors Shift from Tesla to Ethereum
South Korean investors prefer Ethereum-linked firms over Tesla, while Thailand cracks down on crypto mule accounts.

- South Korean retail investors favor Ethereum treasury firms.
- Tesla shares see major sell-off in Asia.
- Thai authorities target crypto mule accounts in crackdown.
South Korean retail investors, once loyal fans of Tesla, are now turning their attention to companies with Ethereum on their balance sheets. According to recent data, a noticeable decline in Tesla holdings among South Korean individuals coincides with rising interest in crypto-linked equities—especially those associated with Ethereum ($ETH).
This trend indicates a shift in sentiment, where investors are moving away from traditional tech stocks and embracing blockchain-related assets, seeing them as the next growth frontier. Analysts suggest that the appeal of decentralized technologies and the growing institutional adoption of Ethereum are key factors behind the move.
Tesla Sell-Off Signals Broader Market Trends
The Tesla sell-off in South Korea isn’t just a one-off. It’s part of a broader movement in Asia where investors are reassessing the value of traditional stocks versus digital asset-related opportunities.
Companies holding Ethereum or operating in the Web3 space have gained traction as confidence in crypto recovers from the bear market. With Ethereum 2.0’s successful upgrades and a growing number of real-world applications, retail investors are now seeking exposure to ETH not only through tokens but also through publicly traded firms linked to the blockchain ecosystem.
Thailand Cracks Down on Crypto Mule Accounts
In Thailand, the spotlight is on crypto misuse. Authorities are intensifying efforts to crack down on “crypto mule” accounts—bank or exchange accounts used by scammers to move illicit funds.
This crackdown comes as part of a wider regional effort to clean up financial networks and prevent crypto-related crimes. Thailand’s cybercrime police have collaborated with exchanges and financial institutions to identify suspicious activities and shut down mule operations swiftly.
The move is expected to help restore trust in the Thai crypto market, which has seen a surge in both legitimate trading and criminal misuse in recent years.
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