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Recently, it seems that interesting movements are happening in South Korea's cryptocurrency market. I heard that the balance of stablecoins has decreased by 55%, which means liquidity has dropped significantly.
I thought funds might be being withdrawn from cryptocurrencies, but it turns out investors are starting to turn their attention to the stock market. It feels like liquidity is shifting from crypto to other asset classes.
It's rare for liquidity in the Korean market to change so rapidly, so there might be some major policy changes or shifts in market sentiment. For now, I'm curious about what stablecoin holders are currently deciding.