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TechFlow news, December 19 — CryptoQuant CEO Ki Young Ju posted that South Korean crypto whales are accumulating USDT. The USDT/KRW trading pair on Upbit is showing a premium of about 3% compared to the official exchange rate, with USDT reaching 1,559 won. This unofficial exchange rate level is close to that seen during the 1998 IMF crisis, marking a 26-year high.
CryptoQuant CEO Ki Young Ju pointed out that South Korean crypto whales are accumulating USDT. The USDT/KRW trading pair on Upbit is showing a premium of about 3% compared to the official exchange rate, with USDT reaching 1,559 won. This unofficial exchange rate level is close to that seen during the 1998 IMF crisis, marking a 26-year high.
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