The so-called Kimchi premium, which measures the premium of the Bitcoin (BTC) price in South Korea’s cryptocurrency exchange market, plummeted overnight. The premium declined from…
View More Kimchi premium collapses: Short-term top signal or a reset for Bitcoin?Tag: kimchi premium
South Korea’s ‘Kimchi premium’ is back: Is the Bitcoin rally starting to heat up?
The “Kimchi premium” is back. Bitcoin (BTC) is trading more than 6% higher across major South Korean crypto exchanges as of March 29. Data from…
View More South Korea’s ‘Kimchi premium’ is back: Is the Bitcoin rally starting to heat up?Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?
Bitcoin (BTC) whales in South Korea have been selling heavily across major exchanges throughout the past week. Data shows that multiple $100 million deposits to…
View More Another $84M deposit begs the question: Why are Bitcoin whales in Korea selling?