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Kaiko: Due to the recent political turmoil in South Korea, bitcoin has attracted a large number of safe-haven funds

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2025-01-15 08:04:09
According to Kaiko, although South Korean traders have traditionally preferred counterfeit products (which account for about 80% of the market share in the local platform), bitcoin has attracted a lot of safe-haven inflows during the recent political turmoil.
On Upbit and Bithumb, the cumulative volume increment (CVD) of the BTC won trading pair has shown a significant increase.
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