The number of ultra-high net worth accounts investing more than 1 billion won (about $749,000) in virtual assets in South Korea has reached more than 3,400, with an average investment of 9.45 billion won ($7.08 million) per account. According to the data obtained from the Financial Supervisory Service, South Korea's two major virtual asset exchanges Upbit and Bithumb opened 7.70 million virtual asset accounts, the assets of more than 100 million won account for only 1%, but the investment scale accounted for 70% of the total amount. Among these high-value accounts that invested more than 1 billion won, the average investment amount reached 9.45 billion won. These high-value investors accounted for only 0.04% of all accounts and held 47% of the total investment amount in the virtual asset market, indicating that the cryptocurrency market is more concentrated than the stock market. Among these high-value accounts with more than 1 billion won, investors in their 40s made up the largest proportion, and those in their 50s had the largest average holdings, with an average of 14.80 billion won.