According to Foresight News, the Financial Intelligence Unit (FIU) of the South Korean Financial Services Commission released the '2023 Second Half Virtual Asset Business Survey Results' on the 18th. The report revealed that in the second half of last year, the total amount of virtual assets withdrawn by investors within South Korea amounted to 38.1 trillion Korean Won (approximately 28.14 billion USD).
Of this total, the amount withdrawn to overseas exchanges was 25.3 trillion Korean Won (approximately 18.68 billion USD), accounting for 67% of the total. This indicates that the majority of investors who remitted more than 1 million Korean Won moved their funds to overseas exchanges.