Article Summary

**South Korea's Cryptocurrency Markets Dominated by Whale Traders: Over 90% Trading Volume Concentration** A groundbreaking analysis of South Korea's centralized cryptocurrency exchanges reveals that large-scale investors, known as "whales," control an overwhelming 90% of total trading activity. This significant market concentration highlights the substantial influence institutional and high-net-worth investors wield over Korean Bitcoin and altcoin markets. The dominance of whale traders on South Korean crypto platforms raises important questions about market manipulation risks and price volatility patterns. When major investors control such vast trading volumes, their buying and selling decisions can dramatically impact cryptocurrency prices across exchanges, potentially affecting retail investors and overall market stability. This whale concentration in South Korea's digital asset ecosystem mirrors global cryptocurrency trends, where institutional adoption continues reshaping blockchain markets. The data underscores how DeFi and traditional crypto trading remain heavily influenced by major stakeholders rather than distributed among retail participants. For cryptocurrency investors monitoring Asian markets, understanding whale behavior on Korean exchanges becomes crucial for predicting price movements and market sentiment shifts affecting Bitcoin, Ethereum, and other digital currencies traded in the region.