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Ethereum has set new levels in Japan and South Korea, driven by the accumulation of companies and leverage. ETH has been trading near $ 4,300 recently, with momentum constructed towards the highest global level ever.
Ethereum (ETH) found a new fuel in Asia.
Its price has increased to its highest levels ever Japan and South KoreaProviding that the demand works more deeply than simple currency movements.
Such a gathering is also a sign of strong regional demand, rather than just effects on simple currency. Especially since both the yen Walon may be strengthened against the US dollar this year.
Ethereum strikes record levels in Japan and South Korea
On August 10, the value of ETH 639,455 yen in Japan and 5.97 million ₩ in South Korea touched the peaks in late 2021.
Source: CoinmarketCap
On the other hand, it seems that its value in terms of US dollar was hovering near $ 4,257. For context, this is still less than the World Records in November 2021 of $ 4,891.
Source: CoinmarketCap
Of course, this can be considered a sign of strong regional appetite, supported by a wave of institutional interest and companies.
In particular, indulging techniques in the United States (BNMR) raised more than $ 2.9 billion in ETH. It now aims to corner up to 5 % of the total offer through aggressive accumulation.
The increasing derivative activity adds a lift to the rise
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2025-08-11 19:00:00
