$ETH Treasury Firms Rely on $6B Korean Retail Capital, Says Samson Mow
#SouthKorean retail investors are providing crucial support for
$ETH treasury companies, according to Jan3 CEO Samson Mow. The Bitcoin technology executive claims approximately $6 billion in Korean retail capital is sustaining #Ethereum treasury valuations as the asset trades 7% below its all-time high.
Mow stated that
$ETH promoters have been traveling to South Korea to market treasury companies as the next Strategy-style play. He warned that many Korean investors lack understanding of the
$ETH/
$BTC performance chart and may face losses if the trend reverses.
Data shows 67 entities collectively hold 5.49 million
$ETH, representing 4.5% of total supply and valued at roughly $25 billion. South Korean exchanges Upbit and Bithumb dominate local trading activity, with Upbit ranking 10th globally for
$ETH futures volume at
$1.29 billion weekly.
The Kimchi premium indicator, which measures price differences between Korean and international exchanges, rose to 1.93 on Sunday from negative 2.06 in July. This metric signals growing #demand from South Korean retail traders for Ethereum exposure.
