PANews reported on December 26 that according to Cryptonews, CryptoQuant analyst Joo Hyun Ryu wrote that the "Kimchi Premium", which measures the price gap between Korean exchanges and other exchanges, reached a local high of 5.12, indicating strong local demand; however, this sharp adjustment in the market seems to have attracted new investors. In just one week, the proportion of short-term holders (STH) with a holding period of less than three months increased by 3 percentage points. "