FX
Ethereum (KRW)
The ethereum price in Korean won on the domestic exchange. Its strength relative to bitcoin helps judge whether domestic investors are rotating money back into altcoins.
At a glance
Ethereum (KRW): latest value and prior change
As of 2026-09-18, Ethereum (KRW) is 3,423,000 KRW. It is 51,000 KRW higher than 3,372,000 KRW on 2026-09-17.
Across 245 available observations from 2026-01-17 to 2026-09-18, the latest value is at the tie-adjusted 82nd percentile.
- Observed on
- Default comparison window
- 2026-01-17–2026-09-18
- Observations · observed cadence
- 245 · Daily
- Data source
- Upbit
A high or low percentile does not by itself make the indicator positive, negative, or a buy or sell signal.
Time-series chart
Ethereum (KRW)
2026-01-17–2026-09-18
Long-history series are stored as real provider observations. Index, FX, VIX, and ratio charts use historical backfill where providers expose it; Korean investor flow and margin-credit feeds expand as stable historical endpoints become available.
Recent observations and calculated changes
The ten latest chart observations. Change subtracts the previous observation; intervals vary with holidays, release schedules and missing data. A difference in rates or ratios is not an investment return.
| Observed | Value | Previous date | Difference (current − previous) |
|---|---|---|---|
| 2026-09-18 | 3,423,000 KRW | 2026-09-17 | 51,000 KRW |
| 2026-09-17 | 3,372,000 KRW | 2026-09-16 | 48,000 KRW |
| 2026-09-16 | 3,324,000 KRW | 2026-09-15 | 58,000 KRW |
| 2026-09-15 | 3,266,000 KRW | 2026-09-14 | -131,000 KRW |
| 2026-09-14 | 3,397,000 KRW | 2026-09-13 | 25,000 KRW |
| 2026-09-13 | 3,372,000 KRW | 2026-09-12 | -64,000 KRW |
| 2026-09-12 | 3,436,000 KRW | 2026-09-11 | 5,000 KRW |
| 2026-09-11 | 3,431,000 KRW | 2026-09-10 | 99,000 KRW |
| 2026-09-10 | 3,332,000 KRW | 2026-09-09 | -21,000 KRW |
| 2026-09-09 | 3,353,000 KRW | 2026-09-08 | -15,000 KRW |
Source: Upbit
Interpretation guide
Ethereum in won: the thermometer of Korean altcoin demand
The won price of ethereum trades on Korean exchanges like Upbit. It shares the bitcoin-in-won structure — global price times FX plus domestic flows — but reflects Korea's strong retail altcoin preference more directly, making it the second thermometer of domestic crypto sentiment.
How the price is built
The won price stacks the FX rate onto the global dollar price plus a domestic premium. Korea's altcoin trading share is among the world's highest, so premium swings below bitcoin on the risk curve run larger than for bitcoin itself.
- Always decompose won-price surges into FX effects versus the coin's own move.
- A rising domestic altcoin turnover share signals deepening risk appetite.
- The ETH-to-BTC domestic turnover ratio works as an extra sentiment gauge.
The link to domestic sentiment
Korean retail money tends to climb the risk ladder in bull markets: bitcoin, then ethereum, then smaller alts. Relative strength in won-denominated ethereum means the ladder's middle rung is active.
- New won-price highs in ethereum signal risk appetite extending beyond bitcoin.
- KOSDAQ theme rallies coinciding with domestic alt strength typify retail liquidity markets.
- In selloffs, domestic altcoin selling pressure runs rougher than bitcoin's.
Uses and misreads
Judge domestic crypto sentiment from the set — bitcoin in won, ethereum in won, and the kimchi premium — not from one series, and always separate the FX effect.
- Measure domestic risk-appetite depth from ethereum's strength relative to bitcoin.
- Avoid reading FX-driven won strength as coin strength during won selloffs.
- Use dollar prices for long-term judgment and won prices for actual trading.