DWF Partner "Leaving the Korean Market"

Source
Son Min

Summary

  • A partner of DWF Group evaluated the volatility of the Korean virtual asset market as 'leaving.'
  • Bitcoin recently fell to as low as 8.8 million won, and various other virtual assets also saw a decline.
  • This indicates a rapid change in the domestic virtual asset market, requiring investors to be cautious.

A partner of the virtual asset market maker DWF Labs evaluated the changes in the virtual asset market in Korea.

On the 2nd (local time), Andre Graecher, a partner at DWF, said through X, "The Korean market is leaving."

After the declaration of household debt control, domestic virtual asset transactions recorded a sharp decline. Bitcoin fell to as low as 8.8 million won, and various virtual assets such as Ethereum and Ripple also saw a decline.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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