Revealing the Mysterious Veil of Kimchi Premium Former 1 of Accounts in South Korea Hold 70 of Market Investments

According to reports from South Korea, among the 7.7 million active users with accounts on Upbit and Bithumb, only 1% of accounts exceed 100 million Korean won (approximately $75,000), yet these accounts account for 70% of the total investment scale. Furthermore, 92% of the accounts have investments of less than 10 million Korean won, with an average holding of 650,000 Korean won; this indicates that the perceived trading enthusiasm in South Korea mainly relies on a few major whales for support