Bithumb Seeks $201M in Lost Crypto; Upbit Dominates Korean Youth
Bithumb is recovering $201M in dormant crypto while Upbit leads the South Korean market, especially among younger users.Summary
South Korean exchange Bithumb is conducting its third annual dormant asset recovery campaign, targeting 2.57 million inactive accounts holding 291.6 billion won ($201 million) in unclaimed crypto, a 34% drop from last year. The largest single dormant holding is valued at $2.8 million, and one account has been untouched for nearly 12 years. Meanwhile, Bithumb remains South Korea's second-largest exchange with 2.42 million monthly active users (MAU), significantly trailing market leader Upbit, which boasts 4.53 million MAU. Upbit shows particular dominance among younger demographics, with 44% of its users being in their 20s and 30s, representing 44% of the entire South Korean population in that age bracket. Upbit also shows a rapidly broadening investor base, with women comprising 43.1% of new sign-ups in 2025.
(Source：BeInCrypto)