Korean Crypto Investors Hold Over $1.5M on Average
Over 10,000 Korean crypto investors hold over $710K, with younger users averaging nearly $2M—most trade on Upbit.
- Over 10,000 Korean investors hold more than $710K in crypto.
- Investors in their 20s have the highest per-capita holdings.
- Upbit dominates with 76% of large investors on its platform.
South Korea’s top five cryptocurrency exchanges have revealed eye-opening statistics about their wealthiest users. Over 10,000 investors across platforms such as Upbit, Bithumb, Coinone, Korbit, and Gopax hold more than KRW 1 billion (approximately $710,000) in digital assets. Even more striking, the average holding per high-net-worth user is KRW 2.23 billion ($1.59 million), making their crypto portfolios nearly 200 times larger than regular users.
This surge in high-value investors signals a strong confidence in crypto assets within South Korea, especially amid global market fluctuations.
Young Investors Lead in Per-Capita Wealth
While most large crypto holders in Korea are in their 50s, it’s actually investors in their 20s who top the list in per-capita holdings—averaging KRW 2.7 billion ($1.92 million) per person. This trend reflects a growing financial shift where younger Koreans are increasingly using digital assets as long-term investments rather than speculative tools.
The data highlights a generational divide, with younger users showing both tech-savviness and a willingness to take on calculated risks in the evolving crypto space.
Upbit Leads the Market by a Wide Margin
Among the exchanges, Upbit is clearly the preferred platform, capturing 76% of these high-net-worth crypto holders. This dominance is likely due to Upbit’s robust security, user-friendly interface, and wide token offerings.
In contrast, Bithumb, Coinone, Korbit, and Gopax share the remaining 24%, indicating that while competition exists, the Korean crypto market has a clear leader.
As more data emerges, South Korea continues to position itself as one of Asia’s most influential crypto markets—powered by a new generation of serious investors.
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