BlockBeats News, December 26, CryptoQuant analyst Joo Hyun Ryu revealed that the 'Kimchi Premium' in the South Korean market reached a local high of 5.12. This phenomenon indicates that the demand for Bitcoin among South Korean investors remains strong! 💹

Ryu pointed out that despite a sharp market correction, it seems to have not deterred investors, but rather attracted more new faces to join. Data shows that the proportion of short-term holders (STH, or those holding for less than three months) increased by 3 percentage points in just one week. This indicates that more and more investors are beginning to pay attention to and participate in this volatile market.

For enthusiasts of the cryptocurrency market, this is undoubtedly a trend worth monitoring. Changes in the Kimchi Premium not only reflect the uniqueness of the South Korean market but also provide a window for global investors to observe market sentiment.

So, what are your thoughts on the current market dynamics? Feel free to share your opinions and insights in the comments! Whether it's an analysis of the Kimchi Premium or thoughts on the increase in short-term holders, we look forward to hearing your voice. Let's explore this vibrant and opportunistic market together!