According to the latest survey results from South Korea's top financial regulator, approximately $60 billion worth of cryptocurrency flowed from South Korean cryptocurrency exchanges to overseas platforms and private wallets in the second half of 2025. A report released Wednesday by the Financial Services Commission of South Korea stated that the total outflow of funds during this period reached 90 trillion won ($60 billion), a 14% increase from 78.9 trillion won ($52.5 billion) in the first half of this year. The report stated, "It is speculated that virtual assets are being transferred abroad for arbitrage and other similar activities." The report also showed that while the number of users and deposits at local exchanges increased during this period, overall profitability declined. As of the end of last year, the number of cryptocurrency exchange accounts reached 11.1 million, a 3% increase from June 2025. Deposit growth was even more significant, climbing 31% to 8.1 trillion won ($5.4 billion). (The Block)