ChainCatcher news, CryptoQuant CEO Ki Young Ju pointed out that Korean crypto whales are accumulating USDT on a large scale. The USDT/KRW trading pair on Upbit exchange has a premium of about 3% compared to the official exchange rate, with the USDT price reaching 1,559 won. This unofficial exchange rate level is close to the period of the 1998 IMF crisis, setting a new high in 26 years.

ChainCatcher news, according to data from blockchain analytics firm Santiment, the whale trading volume of Litecoin (LTC), Polygon (MATIC), Aave, and DYDX has surged. The whale trading volume of Litecoin worth $1 million increased by 37%, while transactions over $1 million rose by 33%. Additionally, the whale trading volume of AAVE increased by 56%, MATIC by 35%, and DYDX by 94%. (source link)