As Ethereum (Eth) continuously reaches its all -time high (Ath), some industry leaders believe that the second largest cryptocurrency by market capitalization is not fully benefited from organic demand. Instead, it is being “props up” by Korean investors to create a quick deer.
Is the Etharium being organized by Korean investors?
In an x Post Earlier today, Crypto Entrepreneur Samson Mav made some interesting observation on the current value trajectory of ETH. Crypto’s executive blamed the current height of Eth for Korean retail investors.
In particular, the Mow said that about $ 6 billion Korean retail capital is supporting the price of the atherium. The Mow blamed the Ethi effects, who are allegedly traveling to South Korea for marketing digital assets to retail investors.
In addition, the founder of Aqua Wallet said that ETH investors are not fully aware of the ETH/BTC chart, and are under false perception that they are buying “next strategy”. He warned that this ET ET would not end well for investors.
To remember, the strategy is a leading public company when it comes to the amount of Bitcoin (BTC) amount that is held on its balance sheet. According to COINGECKO data, the strategy currently holds 640,031 BTC, which is more than $ 48 billion at market prices.
When it comes to atherium-based treasury firms, bitmine Leadership Pack, the price of ETH over 2.5 million is approximately $ 12.4 billion. Other firms such as sharplink gaming (838,728 ETH), coinbase ((136,782 ETH), bit digital (120,306 ETH), and Athzila (102,246 ETH) go rounds in the list.
There are many indications that the atherium trading market in South Korea may reach overbott level. For example, Eth “Kimchi Premium” Increased By 1.93 on 5 October, a significant growth from -2.06 was seen in July 2025 when Cryptocurrency traded below $ 3,000.
For bin call, Kimchi refers to a premium price difference where the global markets trade cryptocurrency at high prices at South Korean exchanges than in the global markets. This premium arises from strong local demand, limited capital flows and regulatory obstacles outside Korea that prevent easy arbitration between Korean and international exchange.
On-chain data suggests a strong demand for Ath
Unlike the Mow’s opinion, on-chant data shows that both institutional and retail for Eth are showing no signals to slow down. Bitmine Continued Despite doing business close to your Ath region, to stack Ath.
At the same time, ETH-based exchange-traded funds (ETFs) continue to attract the growing flow. Recently, US-based spot Eth ETF Attractive Record Influs of $ 547 million. At the time time, ET trades at $ 4,701, which is 4.4% in the last 24 hours.
Specially displayed image from Unsplash.com, chart from traoodingview.com
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