South Korea Crypto Exchange Net Inflows Slump 57% Ahead of January Tax, Overseas Net Outflows Jump 74% - bloomingbit

South Korean crypto exchanges recorded a 57% drop in net inflows, while net outflows to overseas platforms jumped 74%, according to data reported by bloomingbit. The shift comes ahead of a tax measure set to take effect in January, a timeline that appears to be shaping how market participants position their holdings.

The divergence between weaker domestic inflows and stronger outbound transfers suggests capital is not simply leaving the market — some of it may be relocating. Overseas venues can offer different tax treatment, product access, and custody arrangements, so a change in domestic rules can redirect flow without changing overall exposure. For observers, the key question is whether this is a one-off repositioning tied to the January deadline or the start of a more durable migration.

What to watch: whether the outflow trend persists after the tax takes effect, how domestic exchange volumes and liquidity respond, and whether Korean regulators adjust rules in reaction. Sustained outflows could affect pricing depth on local venues, while a quick reversal would suggest the move was largely timing-driven.