PANews reported on December 24th that the Bank of Korea's (BOK) latest Financial Stability Report shows that while the activity level of the South Korean cryptocurrency market remains higher than the global average (157% vs. 112%), investor behavior has shifted from aggressive position building to concentrated profit-taking. When Bitcoin surpasses $100,000 in 2025, South Korean retail investors are expected to cash out significantly. Data shows that 91.2% of trading volume is contributed by the top 10% of accounts, increasing the risk of market manipulation. The BOK warns that if institutional and ETF access is liberalized, the South Korean market's vulnerability to global volatility will worsen. Currently, hot money has shifted to the local stock market and leveraged US stock ETFs.


