On October 12, Bitcoin showed a "kimchi premium" of 1.13% in the Korean market
As of 12:00 am Korean time on October 12, the trading price of Bitcoin (BTC) on the Upbit exchange in South Korea was 112.97 million won, a slight decrease of 0.09% from the previous trading day. At the same time, on global exchange Binance, the price of BTC was 111.71 million won. There is a price difference of 1.26 million won between the two, showing a "kimchi premium" of 1.13%.
As the leading altcoin, Ethereum (ETH) has also experienced a "kimchi premium" of 1.06%. The other major altcoins are also trading at a premium, with Solana (SOL) at a premium of 1.21%, XRP at 1.15%, Dogecoin (DOGE) at 0.53%, and Sui (SUI) at 1.16%. At present, most mainstream altcoins have a "kimchi premium" range concentrated between 0.5% and 1.2%.

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