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HYPE $56.03 -2.91%
AAVE $85.68 -2.73%
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XLM $0.1596 -0.35%
ZEC $485.22 -0.91%
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Kaiko: Recent political turmoil in South Korea has attracted a large inflow of safe-haven funds into Bitcoin

2025-01-15 15:59:49

ChainCatcher news, according to Kaiko, despite South Korean traders traditionally favoring altcoins (which account for about 80% of the market share on local platforms), Bitcoin has attracted a significant inflow of safe-haven funds during the recent political turmoil.

On Upbit and Bithumb, the cumulative volume delta (CVD) of the BTC/KRW trading pair has shown a noticeable increase.

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