An alternate theory for the name is that it means "dragon's eye"; viewed from the sky it is said to resemble such.

[1][2] The pronunciation of the oreum's name has evolved over time, and the Hanja used to write it has also changed in response.

[1][2] As it became pronounced as "Yongnuni Oreum", the Hanja changed to Yonganak (용안악; 龍眼岳).

[5] After experiencing heavy visitor traffic, from February 1, 2021 to January 31, 2023, pedestrian access to the oreum was restricted, for the sake of environmental protection.

[4] The Jeju government announced in 2024 that it was pursuing further policies to protect the environment on the oreum.