[KOL Index] Mention of the Korean Won defense battle expanding... Focus on exchange rate variables outside.

The content that received the highest response in the community the previous day was the questioning of whether the sharp fluctuation in the exchange rate during the early morning hours was due to the defense process of the Korean won. Beyond merely sharing the exchange rate figures, concerns about the potential transfer of fluctuations in the forex market to overall risk assets continue to emerge. Some investors have noted that the trend in the exchange rate may become a leading indicator that suppresses domestic investment sentiment.

Interpretation of the dramatic changes in the Exchange Rate and its relation to the macro environment attempt In the context of the rapid fluctuation of the KRW/USD exchange rate, various interpretations have been put forward. The content linking the reasons for the fluctuations to changes in the global financial environment, geopolitical tensions, and political and diplomatic uncertainties has received significant attention, surpassing discussions on short-term supply and demand issues. In particular, as reports of the evacuation of diplomats' families and other international situation news were mentioned, the market also showed reactions reflecting risk aversion.

Be vigilant about the slowdown of capital flow in the cryptocurrency market The content regarding the large-scale outflow of funds from digital asset investment products has been widely shared, and the market's shift towards a more conservative phase is also spreading. In addition to the claim that altcoins have entered a historically oversold region, analysis attempting to verify whether the amount of idle funds is increasing through stablecoin dominance indicators has also garnered attention. Compared to Bitcoin's price levels, interpretations focused on market structure and psychological indicators have received relatively higher responses.

Practical follow-up on system, events, and project information As the end of the year approaches, exchange activities, airdrop news, and new information from the Korean won market are being consumed as practical information. The explanation of the identity verification process required by international tax regulations (CARF) has triggered subsequent reactions regarding the need to remain vigilant about potential trading restrictions in the future. Meanwhile, fundamental changes such as additional sell-offs from Ethereum-holding companies and the growth of certain projects using metrics have also been shared as reference materials.

The popular content in the KOL community on that day mainly focused on interpreting the dramatic fluctuations in the exchange rate and linking macro risks with the overall market. Investors showed greater interest in content that explains the impact of changes in the external environment on the asset market, surpassing short-term market information. This content is based on the Telegram messages collected using DataMaxiPlus's community analysis technology.