Data: USDT's premium against South Korean won on Upbit reached 3%, the highest in 26 years
Ki Young Ju, CEO of CryptoQuant, tweeted that the Korean won whale is accumulating a large amount of USDT. Currently, USDT trades at a premium of about 3% on the Korean won pair on the Upbit exchange, and the USDT price is 1,559 won. It is worth noting that this unofficial exchange rate level is similar to the level during the IMF financial crisis in 1998, and is the highest in 26 years.