Bithumb Seeks $201M in Lost Crypto; Upbit Dominates Korean Youth

Group 1: Dormant Asset Recovery Campaign - Bithumb is launching its third annual dormant asset recovery campaign, with unclaimed cryptocurrency holdings decreasing to 291.6 billion won ($201 million), a 34% drop from last year's 443.5 billion won ($306 million) [1] - The campaign targets 2.57 million accounts that have shown no login or trading activity for at least one year, with the largest single dormant holding at 4.1 billion won ($2.8 million) [2] - The longest unclaimed account has remained untouched for 4,380 days, indicating that some of Bithumb's earliest users have not checked their holdings since the exchange's founding in 2013 [3] Group 2: Market Position and User Statistics - Bithumb remains South Korea's second-largest cryptocurrency exchange, with 2.42 million monthly active users (MAU), significantly trailing Upbit's 4.53 million MAU [4] - The gap between Bithumb and the third-largest exchange, Coinone, is more than fourfold, highlighting Bithumb's strong market position [4] - Bithumb's 24-hour trading volume is $383 million, approximately 45% of Upbit's $844 million, reflecting its competitive standing in the market [5]