Bloomberg: Since the market crash in October last year, South Korean retail investors have been exiting the cryptocurrency market in large numbers.

Deep Tide TechFlow News, February 11 — According to Bloomberg, since the cryptocurrency market crash in October last year, South Korean retail investors have been exiting the crypto market in large numbers. An anonymous South Korean trader stated on a Korean social media platform last month that they lost about $60,000 on Bitcoin futures, which led to “losing all their assets and getting divorced.” This reflects the severe losses suffered by South Korean retail investors during the recent decline in the cryptocurrency market. Cryptocurrency prices on the Seoul Exchange in South Korea have also been affected by the market downturn. The crypto market crash that began in October last year has significantly impacted South Korean retail traders, with many investors choosing to exit the market due to losses.