A surprising trend has emerged in South Korea's cryptocurrency market, with women in their 50s establishing themselves as major players among high-net-worth crypto investors.
Recent data from five major cryptocurrency exchanges reveals that over 20,000 women in their 50s hold crypto assets exceeding 100 million won ($680,000), outpacing their counterparts in their 40s who number only 14,000 in the same wealth bracket.
This notable presence of mature female investors contrasts with the overall market demographics, which is predominantly led by men in their 30s and 40s. Male investors in these age groups make up 38.1% of the total crypto investor population, with 3.1 million investors in their 30s and 2.67 million in their 40s.
The data, compiled from major exchanges including Upbit, Bithumb, Coinone, Korbit, and Gopax, shows a total of 15.16 million registered investors. Among these, the majority (83.1%) hold modest investments under 1 million won ($680), while approximately 160,000 investors have accumulated assets exceeding 100 million won.
Bithumb, one of the leading exchanges, witnessed particularly strong growth with a 77.4% year-on-year increase in accounts, reaching 2.36 million users by March 18, following aggressive marketing initiatives.
The emergence of women in their 50s as substantial crypto investors suggests a shifting landscape in digital asset investment, challenging traditional assumptions about cryptocurrency investor demographics.