Bitcoin Demand Surges Among South Korean Investors

According to BlockBeats, on December 26, CryptoQuant analyst Joo Hyun Ryu reported that the 'Kimchi Premium' has reached a local high of 5.12, indicating strong demand for Bitcoin among South Korean investors. Ryu explained that the recent sharp market adjustment appears to be attracting new investors, as data shows that the proportion of short-term holders, those holding for less than three months, increased by 3 percentage points within just one week.