Bithumb’s crypto exchange market share, which had generally hovered near the 30 percent level, fell to the mid-20 percent range in the aftermath of the erroneous bitcoin distribution incident on Feb. 6, industry officials said Sunday. The exchange’s temporary zero fee campaign, introduced as part of its compensation plan, briefly pushed its share back above 30 percent earlier this month. However, the rebound quickly faded once the promotion ended, reinforcing the view that short-term pricing incentives were insufficient to fully restore weakened investor confidence. According to data from market tracker CoinGecko, Bithumb accounted for 24.8 percent of trading among the country’s five won-denominated crypto exchanges as of last Friday. Upbit led with 58.4 percent, followed by Bithumb, Coinone at 13 percent, Korbit at 3.5 percent and Gopax at 0.3 percent. On Feb. 6, Bithumb mistakenly credited users with 2,000 bitcoins each instead of distributing bitcoins worth 2,000 won ($1.38) during a promotional event, resulting in an erroneous payout of 620,000 bitcoins. The amount far exceede