DOGE
SOL
BTC
DOGE
SUI
As of 12:00 AM KST on May 24, Bitcoin (BTC) was trading at 113.22 million KRW on South Korea’s Upbit exchange, down 0.11% from the previous day. On global exchange Binance, BTC was priced at 114.54 million KRW, reflecting a negative price gap of 1.32 million KRW and a reverse kimchi premium of -1.15%.
Ethereum (ETH), the leading altcoin, recorded a -1.17% reverse kimchi premium. Other major altcoins also traded at discounts to global prices, with Solana (SOL) at -1.24%, XRP (XRP) at -1.17%, Dogecoin (DOGE) at -0.74%, and Sui (SUI) at -1.16%. Most top altcoins are currently trading with a reverse premium in the -0.7% to -1.2% range.
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IT Times Kunyoung Kim ([email protected])