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

South Korean crypto exchanges saw net inflows fall 57% in the period covered, while net outflows to overseas platforms rose 74%, according to data reported by bloomingbit. The shift comes ahead of a tax measure scheduled to take effect in January, a factor market participants have linked to changing deposit and transfer behavior.

The divergence matters because it suggests capital is not simply leaving the market — it is being repositioned. Lower net inflows into domestic exchanges point to reduced fresh buying pressure on local order books, while higher net outflows to overseas venues indicate some holders are moving assets to platforms outside South Korea. That split can affect local liquidity, price spreads between Korean and global markets, and the so-called kimchi premium.

What to watch: whether the outflow trend persists after the January tax date passes, or whether it proves a temporary, event-driven adjustment. Also worth monitoring is how domestic exchanges respond in terms of fee structures and listed liquidity, and whether regulators signal any further changes to the tax framework. For now, the data describes a market reshuffling ahead of a known deadline rather than a single directional signal.