Crypto trading volume in South Korea drops over 50%, with the top 10% of users contributing more than 96% of the volume According to Digital Asset, South Korea's virtual asset trading volume has decreased by over 50% in the past year, but trading activity has become even more concentrated among high-frequency users. Data from the Financial Supervisory Service (FSS) shows that in the first half of 2026, the top 10% of users on major South Korean exchanges contributed over 95% of the trading volume. Specifically, the trading concentration rates for Upbit, Bithumb, Coinone, Digital X, and Gopax were 95.6%, 97.41%, 99.2%, 99.43%, and 97.61%, respectively. Compared to the first half of 2025, Upbit and Coinone saw a significant increase in concentration, while the changes for other exchanges were relatively minor.