Trading Volume Drops Over 50% in a Year, Top 10% of South Korean Virtual Asset Users Contribute Over 96% of Trading Volume

According to Odaily, data submitted by South Korea's Financial Supervisory Service (FSS) to the office of Democratic Party lawmaker Park Hong-bae shows that South Korea's virtual asset trading volume fell by more than 50% over the past year, with the top 10% of users contributing over 96% of total trading volume. In the first half of 2026, the trading concentration of the top 10% of users across exchanges was: Upbit 95.6%, Bithumb 97.41%, Coinone 99.2%, Digital X 99.43%, and Gopax 97.61%.