PANews reported on June 1st that, according to the Daily Economic News, the recent surge in the Korea Composite Stock Price Index (KOSPI) has boosted stock market trading volume, while the activity of the South Korean cryptocurrency market has shrunk to only 2% of the index's trading volume. On May 29th, the KOSPI's daily trading volume reached 118.267 trillion won, while the total 24-hour trading volume of South Korea's five major cryptocurrency exchanges—Upbit, Bithumb, Coinone, Korbit, and Gopax—was only 2.713 trillion won, accounting for 2.03% of the KOSPI's trading volume. This contrasts sharply with July of last year, when the South Korean cryptocurrency market's trading volume briefly surpassed that of the KOSPI. Since July 24th of last year, the KOSPI's trading volume has surged by 680%, while the cryptocurrency market's trading volume has plummeted by 84%, indicating a large-scale flow of funds from the cryptocurrency market to the stock market.