South Korean investors have significantly reduced their involvement in the cryptocurrency market following the 2022 LUNA crash, redirecting their speculative focus to the stock market. This shift is marked by an 80% decline in trading volume on Upbit, a major crypto exchange, and a notable increase in activity on the KOSPI index in 2025. The transition reflects a change in investment strategy, with investors now favoring tech stocks such as Samsung and SK Hynix over digital assets. Despite the change in market, the speculative approach remains, as traders continue to seek high returns in the stock market.