Korean market sees Bitcoin kimchi premium lasting for a week, setting a new record
2026-09-01 14:22:38
According to CoinMeta, as reported by A early issuer of in in 2021, on September 1st, the price of Bitcoin in South Korea was about 1% higher than the price on Binance. This premium has lasted for a week, which is the longest period since early May. The price of Bitcoin was around $79,000 at the beginning of September and briefly exceeded $80,000 in August. In the United States, spot Bitcoin ETF saw a net inflow of approximately $1.92 billion during the week of August 17th, and another $923 million flowed in during the week at the end of August. Upbit data shows that for most of this summer, Bitcoin was priced at a discount in the South Korean market compared to international prices, with a discount of 3.1% at the beginning of June and an average discount of 0.25% in August. 10x Research indicates that although the premium in South Korea has turned positive, the volume of spot transactions has not increased accordingly.
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Source:Internet
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