South Korean Investors Flock to This Altcoin Despite a Big Drop!

South Korean investors have a significant influence in the cryptocurrency market.

South Korean investors, having caused rapid growth in some altcoins, are now turning their attention to Ethereum.

According to Bloomberg, South Korean individual investors continue to heavily invest in BitMine Immersion Technologies despite the stock experiencing an 80% drop since its peak in July.

According to the data, BitMine stock was the most popular non-South Korean stock among investors. Google’s parent company, Alphabet, topped the list.

Local investors made a net investment of $1.4 billion in the company in 2025 and remained active buyers despite Bitmine shares falling approximately 82% from their peak on July 3.

Bitmine, which holds over 4.1 million Ethereum, continues to attract global attention.

Ethereum (ETH) lost approximately 11% of its value in 2025. This decline occurred after the rally that followed ETH reaching a record high of nearly $5,000 in August faded.

*This is not investment advice.