Kimchi Premium Turns Negative for BTC and ETH on May 11

2025. 5. 11. 01:00Crypto

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As of 12:00 AM KST on May 11, Bitcoin was trading at KRW 144.33 million on Upbit, up 0.42% from the previous day, while Binance showed a slightly higher price of KRW 144.47 million, reflecting a negative Kimchi Premium of -0.10%. Ethereum also showed a negative premium of -0.22%, with major altcoins like SOL (-0.16%), XRP (-0.18%), DOGE (-0.12%), and SHIB (-0.03%) all trading below global prices, indicating an overall negative premium range between -0.03% and -0.22% on Korean exchanges.

Read more: https://www.ittimes.com/news/articleView.html?idxno=74012

 

Kimchi Premium Turns Negative for BTC and ETH on May 11 - IT타임스

As of 12:00 AM KST on May 11, BTC was trading at KRW 144.33 million on Upbit, up 0.42% from the previous day. Meanwhile, the price on Binance stood at KRW 144.47 million. The price difference of -K...

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