South Korean cryptocurrency holdings have decreased by 27% from their January peak, reaching 89.2 trillion won ($64.6 billion) by the end of June, according to the Bank of Korea's latest Financial Stability Report. This decline aligns with a robust rally in the domestic stock market, including the KOSPI, as investors redirected funds towards traditional equities. Additionally, virtual asset deposits in South Korea saw a significant drop, falling from 10.7 trillion won ($7.8 billion) to 6.2 trillion won ($4.5 billion) during the same period. The shift highlights a growing preference for stock investments over cryptocurrencies among South Korean investors.