According to data from South Korea's Financial Services Commission (FSC), in the second half of 2025, approximately $60 billion in funds flowed from Korean cryptocurrency exchanges to overseas platforms and private wallets, representing a 14% increase compared to the first half. Regulators attributed these fund transfers to arbitrage activities. Despite user account numbers growing 3% to 11.1 million and deposit amounts increasing 31% to $5.4 billion by year-end, the operating profit of 18 exchanges declined 38% to $253.4 million. South Korea's total cryptocurrency market value decreased 8% to approximately $58 billion, with daily average trading volume down 15% to $3.6 billion, partly due to lower cryptocurrency prices at year-end.