
South Korea crypto turnover hits 8x KOSPI as trading volumes slump 44%
- —KRW market monthly turnover hit 100–201% versus 25% for KOSPI and 43% for KOSDAQ
- —Average daily trading volume fell 44% to 3.1 trillion won
- —Market capitalization dropped 33% to 58.9 trillion won
- —User KRW deposits declined 35% to 5.2 trillion won
Why it matters: Shrinking volumes and market cap alongside high turnover point to a speculative Korean market with weak capital inflows.
Source: Blockmedia
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