As of 12:00 AM KST on December 2, Bitcoin (BTC) was trading at 128.94 million KRW on South Korea’s Upbit exchange, down 5.02% from the previous day. On global exchange Binance, BTC was priced at 126.13 million KRW, reflecting a price gap of 2.81 million KRW and a kimchi premium of 2.23%.
Altcoin Premiums Mirror Bitcoin's Trend
Ethereum (ETH), the leading altcoin, recorded a 2.16% kimchi premium. Other major altcoins also displayed similar premiums: Solana (SOL) at 3.17%, XRP (XRP) at 2.25%, Dogecoin (DOGE) at 3.56%, and World Liberty Financial (WLFI) at 2.09%. Most top altcoins are currently trading with premiums ranging from the low 2% to mid-3% range.