Upbit, Bithumb deposits fell by ₩2.5T last year amid shift to stocks

Customer deposits at South Korean crypto exchanges Upbit and Bithumb decreased by approximately 2.5 trillion won last year, News1 reported. According to data from South Korea's Financial Supervisory Service's Electronic Disclosure System (DART) on April 2, Upbit's customer deposits totaled 5.5833 trillion won at the end of 2025, a 28% decrease from 8.0531 trillion won at the end of 2024. Bithumb's customer deposits fell 10% to 2.0351 trillion won during the same period. In contrast, the South Korean stock market saw an expansion of fund inflows, suggesting that some capital leaving the virtual asset market moved into equities.