South Korean platform Upbit matched Binance in spot trading volume for Shiba Inu (SHIB), recording 5.29 million dollars in daily turnover on the SHIB/KRW pair. A major Korean player accumulated 361 billion SHIB at a single address before making transfers to Upbit and Korbit. The return of the Kimchi Premium, ranging between +0.53% and +1.50% during the first half of September, reflects local retail investors’ willingness to buy above the global average price. This concentration of liquidity within South Korea’s closed regulatory ecosystem creates a risk of local price impulses capable of directly affecting the coin’s global chart.
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