On October 10, Bitcoin experienced a 1.91%"kimchi premium" in the Korean market
As of 12:00 am Korean Standard Time (KST) on October 10, the trading price of Bitcoin (BTC) on the South Korean Upbit Exchange was 113.63 million won, an increase of 1.13% from the previous day. On the global exchange Binance, the price of BTC is 111.51 million won, with a price difference of 2.1 million won between the two, reflecting a 1.91%"kimchi premium".
Ethereum (ETH), a representative of mainstream altcoins, also recorded a 1.88% kimchi premium. Other major altcoins also trade at a premium, with Solana (SOL) at a premium of 1.98%, XRP at 1.93%, Dogecoin (DOGE) at 2.07%, and Sui (SUI) at 1.84%. Currently, most major altcoins are traded within the kimchi premium range of 1.8% to 2.0%.

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