Over 10,000 investors hold more than 1 billion KRW in assets at South Korea's five major exchanges, averaging about 1.59 million USD

According to ChainCatcher news, as reported by Yonhap News Agency, as of August 5, the number of investors holding more than 1 billion KRW (approximately 710,000 USD) in virtual assets among the five major KRW exchanges in South Korea has reached 10,810 people, with an average asset holding of 2.229 billion KRW (approximately 1.59 million USD). This data far exceeds the average holding amount of 10,866,371 users across the five major exchanges (10.27 million KRW) by 200 times.

Among the population holding more than 1 billion KRW in virtual assets, 76% (8,242 people) are Upbit users. By age group, the largest number of people holding more than 1 billion KRW in virtual assets are in their 50s (3,994 people), followed by those in their 40s (3,086 people), over 60 (2,426 people), and in their 30s (1,167 people). Although the number of people in their 20s is only 137, which is lower than other age groups, their average holding amount is as high as 2.68871 billion KRW, significantly higher than other age groups.