As of 12:00 AM KST on November 10, Bitcoin (BTC) was trading at 153.41 million KRW on South Korea’s Upbit exchange, marking a 0.57% increase from the previous day. On the global exchange Binance, BTC was priced at 150.06 million KRW. This difference in pricing indicates a gap of 3.35 million KRW, resulting in a kimchi premium of 2.23%.
Altcoin Premiums Mirror Bitcoin's Trend
Ethereum (ETH), the leading altcoin, recorded a kimchi premium of 2.17%. Other major altcoins also exhibited similar premiums, with Solana (SOL) at 2.23%, XRP (XRP) at 2.20%, Dogecoin (DOGE) at 2.36%, and Shiba Inu (SHIB) at 2.06%. The majority of top altcoins are currently trading with premiums in the 2.0% to 2.3% range.