Trinito(@trinito_real) 's Twitter Profile Photo

Key numbers and charts of Four Korean CEXs

Sharing summary of our recent article about Korean CEXs, focusing on key numbers and charts.
Let's take a look at the data from the last two years.🧵


* Full article: medium.com/e2d4ac516344

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ya9gong(@suyoug343283) 's Twitter Profile Photo

🚨 Bithumb and Coinone issue a cautionary warning regarding investment. They stated that an unexpected unlocking of locked-up tokens on April 9, 2024, led to excessive circulation, as confirmed through media and community channels. 🚨

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Ganges Post(@theGangesPost) 's Twitter Profile Photo

Local authorities are investigating whether over 5,200 tax evaders have digital assets on exchanges such as Bithumb, Upbit, Korbit, and Coinone.

4/n

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minmd.btc(@coinone218196) 's Twitter Profile Photo

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BitcoinWorld Media(@ItsBitcoinWorld) 's Twitter Profile Photo

📉 Yonhap News reports Financial Supervisory Service's disclosure: Korea's top 5 virtual asset exchange operators (Dunamu, Bithumb Korea, Coinone, Korbit, Streamy) saw total operating profit decrease by 26.8% to KRW 1.1785 trillion in 2023. Dunamu's Upbit saw revenue decline by…

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Trinito(@trinito_real) 's Twitter Profile Photo

The table below depicts how many BTC & ETH each CEX owned during the last two years. Unfortunately, Coinone did not provide breakdown of its ETH possession.

As shown in the pie charts below, Upbit’s BTC balance outweighs most other CEXs.

The table below depicts how many BTC & ETH each CEX owned during the last two years. Unfortunately, Coinone did not provide breakdown of its ETH possession.

As shown in the pie charts below, Upbit’s BTC balance outweighs most other CEXs.
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吴说区块链(@wublockchain12) 's Twitter Profile Photo

吴说获悉,据 News 1,韩国金融当局的一位官员今日就 Coinone 交易所最近发生的“NFP 事件”接受电话采访时表示:“如果存在通过非法手段获得代币进行不当交易的情况,相关方将成为(当局的)调查对象。其还称:“我们还可以研究是否可以在《用户保护法》实施之前就欺诈或盗窃行为提起诉讼。”NFP…

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Trinito(@trinito_real) 's Twitter Profile Photo

4. 2022–2023 CEX customers’ fiat deposit on CEXs

Except for Coinone, retail’s KRW deposit on all CEXs increased (this typically occurs during bull markets).

Bithumb showed the largest inflow with +46% YoY growth (probably propelled by its zero-commission policy in 4Q23).

4. 2022–2023 CEX customers’ fiat deposit on CEXs

Except for Coinone, retail’s KRW deposit on all CEXs increased (this typically occurs during bull markets).

Bithumb showed the largest inflow with +46% YoY growth (probably propelled by its zero-commission policy in 4Q23).
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