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ethereum kimchi premium HITS new high – sign of impending sell-off?! korean traders payin’ that premium, whales lurkin’, are we
eth hits $4k and everyone’s selling? 🫠 why they always gotta ruin the fun?
ethereum’s price surge accompanied by a significant Kimchi Premium presents a concerning narrative: historical patterns suggest corrections following such premiums, potentially leading to a 10
The price of Ethereum is rebounding after investor uncertainty, nearing $4,000. However, the Kimchi Premium suggests a challenging period ahead for the cryptocurrency. The Korea Premium Index indicates Korean traders are paying a notable premium for Ethereum, signaling potential FOMO and price spikes. This trend historically leads to corrections, as seen in January when Ethereum dropped to $1,500. Currently priced at $3,875, Ethereum faces a 10% decline this month. Whales exploiting price gaps on Korean exchanges increase the risk of corrections.
Ethereum Kimchi Premium hits new high – sign of impending sell-off?
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