South Korean crypto exchange profits plunge 78% in H1 as trading volume, market cap, and deposits fall
first published 2026-10-02T05:53:27Z
South Korean crypto exchanges saw operating profits fall 78% in the first half of 2026 amid a broad trading slump. KoFIU reported a 44% drop in average daily trading volume, a 33% decline in market cap, and a 35% fall in won deposits, while eligible trading accounts rose slightly. The data suggests retail capital may be moving from crypto into South Korean stocks.
AI Analysis
Profits, trading volume, market cap, and deposits all declined sharply, indicating weaker market activity and reduced capital flowing into crypto exchanges. This is a concrete, market-wide negative signal for short-term trading sentiment.
Expected Investor Sentiment: Bearish
Potential Market Impact: Significant
