According to BlockBeats news, on December 26, CryptoQuant analyst Joo Hyun Ryu stated, "The 'kimchi premium' has reached a local high of 5.12, indicating that there is very strong demand for Bitcoin among Korean investors."
Ryu explained: "However, the sharp adjustment in the market this time seems to be attracting new investors, with data showing that the share of short-term holders (STH, holding for less than three months) has increased by 3 percentage points in just one week." (CryptoNews)
