According to reports from the Korea News Agency, the number of investors holding over 1 billion won (approximately 710,000 USD) in virtual assets in South Korea's five major exchanges has surpassed 10,000. As of August 5, there are 10,810 investors holding more than 1 billion won in virtual assets, with an average holding amount of 2.229 billion won (approximately 1.59 million USD). In comparison, the average holding amount for all 10.866 million users across the five exchanges (Upbit, Bithumb, Coinone, Korbit, Gopax) is only 10.27 million won, creating a gap of 200 times. Among those holding over 1 billion won: the largest group is in their 50s, with 3,994 people; while only 137 are in their 20s, but their average holding amount reaches 2.689 billion won (approximately 1.92 million USD), the highest among all age groups. 76% of the large investors (8,242 people) are concentrated in Upbit. Currently, the taxation on virtual asset investment income has been postponed to January 2027, and capital gains tax has not yet been imposed.
