South Korea's Top 5 Crypto Exchanges See 13% Weekly Trading Volume Drop

South Korea's five major won-market cryptocurrency exchanges recorded approximately 15.4 trillion won in combined weekly trading volume from June 12 2pm to June 19 2pm, a 12.89% decrease compared to the previous week's approximately 17.7 trillion won. The decline marks the second consecutive week of reduced trading activity, with volumes dropping from 22.6 trillion won two weeks prior. Trading volume reaching the 15 trillion won level represents the first occurrence since late December to early January, approximately six months ago, according to Digital Asset's analysis of the five exchanges.

Trading Volume Falls 7.2 Trillion Won Over Two-Week Period

Digital Asset's analysis of the five major exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—shows weekly trading volume decreased from approximately 22.6 trillion won to 17.7 trillion won in the first week, then to 15.4 trillion won in the second week. The previous week's volume of approximately 17.7 trillion won (June 5 2pm to June 12 2pm) represented a 21.81% decrease from the week before (approximately 22.6 trillion won). The cumulative two-week decline totals approximately 7.2 trillion won.

Upbit Market Share Rises to 61.40% as Bithumb Share Decreases

Upbit maintained first position with a 61.40% market share, increasing 1.722 percentage points from the previous week to return above the 60% threshold. Bithumb held second position at 32.31%, declining 2.114 percentage points from the previous week, widening the gap with Upbit. Coinone's market share increased 0.499 percentage points to 5.39%. Korbit decreased 0.061 percentage points to 0.82%, while Gopax decreased 0.045 percentage points to 0.08%. No changes in exchange rankings occurred despite the market share fluctuations.

FAQ

What was the weekly trading volume for South Korea's top 5 crypto exchanges from June 12 to June 19?

The combined weekly trading volume for the five major won-market exchanges was approximately 15.4 trillion won for the period from June 12 2pm to June 19 2pm, representing a 12.89% decrease from the previous week's approximately 17.7 trillion won.

How did Upbit and Bithumb's market shares change in the latest week?

Upbit's market share increased 1.722 percentage points to 61.40%, recovering above the 60% level, while Bithumb's share decreased 2.114 percentage points to 32.31%, expanding the gap between the two leading exchanges.