160 Trillion Won Leaves Korea and moved to foreign CEX .
1. Korean Crypto Investors Move to Binance :
Korea holds a unique position in the global cryptocurrency market.
Over 10 million people invest in crypto. This represents roughly 20% of the entire population and nearly matches the 14 million domestic stock investors.
Korean won-based trading volume rivals the U.S. dollar .This is an exceptional figure for a single national currency. So the upbit and bithumb generated trillion's in won . However now CEX like binance and bybit attracted them , domestic cex upbit and bithumb losing it's value .
From January to September 2025, approximately 124 trillion won flowed from domestic CEXs to foreign CEXs. This figure has nearly tripled compared to 2023 outflows.
If this trend continues, total outflows for 2025 could reach approximately 160 trillion won.
#lose #gain