Korean arbitrage has been messing with international traders for a while now. Kimchi premium.
Take a look at these pictures:
ATH: ~$200, which is based on multiplying the hl2 of 14 Jan. for $BTC.
259,600WON = 240USD
Either way, it seems to have stabilized for now.
Is the handle formation now?
Breakout yet to be confirmed. Satoshi value needs to hit about 0.0145 for a rocket ship.