The true whales in the South Korean crypto market are not Generation Z, but their parents.
According to the latest statistics, over 48% of high-net-worth crypto holders in South Korea (with individual account assets exceeding $100,000) are over the age of 50:
• 50-59 years old: 29%
• Over 60 years old: 19%
They:
• Prefer Bitcoin and stablecoins
• Favor long-term holding
• Deploy in cold wallets and offline asset allocations
Young people are speculating, while the older generation is holding the reins.
The future on the chain is a cross-generational game.
