South Korea sees $60 billion crypto outflows to overseas platforms and private wallets in H2 2025
The Block
South Korean crypto exchanges experienced $60 billion in outflows to foreign platforms and private wallets during the second half of 2025.Summary
South Korea's Financial Services Commission (FSC) reported that cryptocurrency outflows from local exchanges to overseas platforms and private wallets reached 90 trillion won ($60 billion) in the second half of 2025, marking a 14% increase from the first half of the year. The FSC presumes these transfers are for arbitrage activities. Despite user accounts growing by 3% to 11.1 million and deposits increasing by 31% to $5.4 billion, the 18 operating exchanges saw operating profits decline by 38% to $253.4 million. The total crypto market capitalization was estimated at $58 billion, down 8%, with average daily transaction volume falling 15%, likely due to major crypto price declines late in the year.
(Source：The Block)