Search results for Korea Premium Index
Crypto
Upbit SHIB volume jumps on kimchi premium, matches Binance
Upbit’s trading volume for Shiba Inu (SHIB) in the won market has risen to a level matching Binance’s spot volume, according to a blockchain media report. Upbit’s SHIB/KRW daily turnover was $5.29 million, outpacing other global exchanges such as OKX and Bybit. The surge coincided with signs of fund movements by a large Korean investor and internal wallet transfers by Upbit. A re-emerging “kimchi premium” also helped drive demand.
Crypto
South Korea bitcoin demand jumps; realised profits largest in five months
Bitcoin demand on South Korean exchanges has strengthened again, pushing the so-called kimchi premium close to 2 percent, according to figures cited in the report. CryptoQuant’s Korea Premium Index rose to 1.98 percent on May 7, its highest since late February. On-chain data also showed a pickup in profit-taking, including 14,600 BTC sold at a realised profit on May 4, the largest daily figure since Dec. 10, 2025.
Crypto
KOSPI\'s whiplash sends bitcoin higher as retail investors shift funds
South Korea\'s stock market has swung sharply between a steep selloff and a rapid rebound, prompting analysis that investor focus is shifting toward cryptocurrencies. CoinDesk reported the KOSPI fell about 20% in two days before staging a sharp rally. Bitcoin rose about 7% over the past 24 hours to above $73,000, with ether, solana and XRP also higher. CryptoQuant data show the Korea premium index is around 1%, still low, though the so-called kimchi premium has turned positive again.