According to BlockTempo, South Korean investors who once treated cryptocurrency trading as a life-changing opportunity have largely withdrawn from the crypto market following the 2022 LUNA collapse. Instead, they have redirected their speculative activities to the Korean stock market, where trading volumes and investor enthusiasm have surged. The shift is evident in the 80% drop in Upbit's trading volume and the sharp rise in KOSPI index performance in 2025. Despite the change in venue, the speculative mindset remains, with investors now betting on tech stocks like Samsung and SK Hynix rather than crypto assets.
After LUNA Crash, South Korean Investors Shift Speculation from Crypto to Stock Market
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