Bitcoin Shows 0.99% Kimchi Premium in Korean Market
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 28 2025- Bitcoin Price Fluctuation: As of December 29 at 12:00 AM KST, Bitcoin (BTC) was trading at 128.07 million KRW on South Korea's Upbit exchange, down 0.17% from the previous day, indicating short-term market instability that could affect investor confidence.
- Global Price Discrepancy: On the global exchange Binance, BTC was priced at 126.82 million KRW, resulting in a price gap of 1.25 million KRW, reflecting unique demand and investor behavior in the Korean market, which may attract more arbitrage traders.
- Ethereum Premium Situation: Ethereum (ETH) recorded a kimchi premium of 1.05% in the Korean market, indicating strong local demand that could prompt more investors to focus on this asset class.
- Other Major Altcoin Performance: Other major altcoins, including Solana (SOL) and XRP, also exhibited premiums in the range of 0.8% to 1.0%, suggesting overall market activity in Korea and investor interest in diversified assets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
