Cryptoquant Analyst: South Korea's KPI Hits New Highs in Past 2 Years

Cryptoquant analyst SignalQuant said the Korea Premium Index (KPI) is currently at 7.38%, with a 14-day average of 5.30%, the highest level in the past two years.

The high KPI is said to imply strong buying sentiment among Korean retail investors and that prices may be at medium-term highs. The most recent peak was at the beginning of the 24, but today's KPI is above that level.