Gate News Report, March 23: Data from Allium Labs shows that since July 2025, the stablecoin balances on South Korea’s top five cryptocurrency exchanges have decreased from approximately $575 million to about $188 million, a decline of around 55%. As the Korean won to US dollar exchange rate fell below 1,500 in mid-March, the outflow of funds accelerated further.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ARK Invest Report: Bitcoin confident buyers increased their holdings by 69%, and the bottom range hasn’t been tested yet
According to the Q1 2026 Bitcoin Quarterly Report released by ARK Invest on April 24, the holdings of Bitcoin “confidence buyers” increased from 2.13 million BTC to 3.60 million BTC, up 69% quarter-over-quarter. ARK Invest said that the key support range for the cyclical bottom as defined by the firm ($54,000 to $50,000) was not tested by the end of the first quarter.
MarketWhisper5m ago
Bitcoin Tests $80,000 as ETF Inflows, Whale Buying Fuel Rally
Bitcoin is trading around $78,400 on Thursday after reaching an intraday high near $79,426 on Wednesday, according to The Block's price data. The move marks an important improvement in market structure, with institutional flows providing support: spot Bitcoin ETFs took in more than $11.8 million on
CryptoFrontier1h ago
JPMorgan Chase: KelpDAO bug wipes out $20 billion in DeFi TVL, institutional appeal damaged
A J.P. Morgan research team led by analyst Nikolaos Panigirtzoglou released a report on April 23 stating that persistent security vulnerabilities and stagnant total locked value (TVL) are weakening DeFi’s appeal to institutional investors. The report emphasized that the KelpDAO vulnerability wiped out roughly $20 billion worth of DeFi TVL within days, exposing structural risks.
MarketWhisper2h ago
Ethereum Spot ETF 10-Day Inflow Streak Ends With $75.936M Net Outflow
Gate News message, April 24 — Ethereum spot ETFs recorded a total net outflow of $75.936 million yesterday (April 23), ending a 10-day streak of consecutive net inflows, according to SoSoValue data.
Grayscale Ethereum Mini Trust ETF (ETH) led inflows with $19.758 million in net deposits, bringing i
GateNews3h ago
Riot Platforms Deposits 500 BTC to NYDIG, Valued at $38.95M
Gate News message, April 24 — Riot Platforms deposited 500 BTC, valued at approximately $38.95 million, to NYDIG six hours ago, according to Lookonchain monitoring data. This marks another BTC sale by the Bitcoin mining
GateNews3h ago