As of 12:00 AM KST on January 21, Bitcoin (BTC) was trading at 134.52 million KRW on South Korea’s Upbit exchange, down 1.82% from the previous day. On the global exchange Binance, BTC was priced at 133.37 million KRW, resulting in a price gap of 1.15 million KRW and a kimchi premium of 0.86%.
Altcoin Premiums
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 0.95%. Other major altcoins also showed similar premiums, with Solana (SOL) at 0.99%, XRP (XRP) at 0.91%, Dogecoin (DOGE) at 1.03%, and Sui (SUI) at 0.79%. Most top altcoins are currently trading with a premium in the 0.7% to 1.0% range.