Omkar Godbole is a Co-Managing Editor on CoinDesk's Markets team.
Bitcoin is trading on Korean exchanges at the steepest discount since October 2023, according to CryptoQuant.That's the message from analytics firm CryptoQuant's Bitcoin Korea premium index, which measures the price gap between Korean and offshore exchanges.
The chart by 10x Research shows daily Korean trading volumes over the past 40 days, with the most traded pair each day. Lately, traders have shifted from the bitcoin-korean won pair to altcoins like UXLINK, CKB, ARK and PENDLE.
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