According to recent reports from COINOTAG News on December 26, obviously CryptoQuant Analyzer Joo Hyun Ryu marked a significant increase in the Kimchi Premiumwhich has reached a certain local level of 5.12. This increase reflects strong demand for Bitcoin among South Korean investors. Ryu pointed out that the current market correction appears to be attracting interest from new partners. In particular, data show an increase in the proportion of short-term holders (STH) – defined as those who hold for less than three months – which has increased by 3 percentage points within a week. This shift in market behavior may reflect a changing landscape, driven by increased investor involvement in digital currency markets.
Source: https://en.coinotag.com/breakingnews/kimchi-premium-soars-for-bitcoin-amid-rising-short-term-investors-in-south-korea/
