Korea Premium Index
Korea Premium Index is the percent difference between the market price of Korean exchanges and other exchanges
Last updated
Korea Premium Index is the percent difference between the market price of Korean exchanges and other exchanges
Last updated
Korea Premium Index is the percent difference between the VWAP of Korean exchanges and other exchanges.
Korean crypto market is mostly made up of retail investors due to regulations against institutional investors and stable coins.
Utilizing this unique market structure, Korean Premium Index indicates the closest meaning to the retailers' sentiment and buying power or particularly Korean market buying power.
Historically, Korean premium over 16 percent gave an indication that the price could be a local top or an indication of FOMO in the market.
It shows how much premium retailers or Koreans are willing to pay for the purchase
Above '0' (+): Retailers are willing to pay a premium for the purchase
Below '0' (-): Retailers are only willing to purchase at a discount
It shows the level of retailers' Activeness & Volatility
Increasing trend : Expanding interest and activeness
Increasing values in the Korean Premium Index indicates that more retailers are continuously buying at a higher price than average market price.
Decreasing trend : Diminishing interest and activeness
Decreasing values in the Korean Premium Index indicates that retailers are continuously selling at a lower price than average market price.