{"id":138549,"date":"2026-03-19T13:09:55","date_gmt":"2026-03-19T13:09:55","guid":{"rendered":"https:\/\/americansecuritiesanalytics.com\/index.php\/2026\/03\/19\/ethfi-price-today-upbit-krw-listing-causes-20-spike-as-arthur-hayes-accumulates\/"},"modified":"2026-03-19T13:09:55","modified_gmt":"2026-03-19T13:09:55","slug":"ethfi-price-today-upbit-krw-listing-causes-20-spike-as-arthur-hayes-accumulates","status":"publish","type":"post","link":"https:\/\/americansecuritiesanalytics.com\/index.php\/2026\/03\/19\/ethfi-price-today-upbit-krw-listing-causes-20-spike-as-arthur-hayes-accumulates\/","title":{"rendered":"ETHFI Price Today: Upbit KRW Listing Causes 20% Spike as Arthur Hayes Accumulates"},"content":{"rendered":"<p>The post <a href=\"https:\/\/coinpedia.org\/news\/ethfi-price-today-upbit-krw-listing-causes-20-spike-as-arthur-hayes-accumulates\/\">ETHFI Price Today: Upbit KRW Listing Causes 20% Spike as Arthur Hayes Accumulates<\/a> appeared first on <a href=\"https:\/\/coinpedia.org\">Coinpedia Fintech News<\/a><\/p>\n<p>Ether.fi\u2019s ETHFI token has been added to South Korea\u2019s largest crypto exchange with a new ETHFI\/KRW pair, giving it direct access to a massive retail market.<\/p>\n<p>Trading started on March 19 at 12:30 PM KST. ETHFI was already available in BTC and USDT pairs on Upbit, but KRW pairs usually bring in much higher activity. That\u2019s exactly what played out here.<\/p>\n<p><a href=\"https:\/\/upbit.com\/service_center\/notice?id=6079&amp;view=share\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Upbit <\/a>also introduced its usual controls during the launch. Buy orders were restricted for the first five minutes, and certain low-priced sell orders were limited. Only limit orders were allowed for around two hours. Deposits also came with strict rules, including Travel Rule compliance and wallet verification.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-price-reaction-sharp-spike-then-cool-off\"><strong>Price Reaction: Sharp Spike, Then Cool-Off<\/strong><\/h2>\n<p>Right after the listing news, ETHFI jumped more than 20%, reaching around $0.65, its highest level since mid-January.&nbsp;<\/p>\n<p>But the move didn\u2019t hold. As more trades came in, the price pulled back and settled near the $0.57\u2013$0.60 range. At the time of writing, it\u2019s trading around $0.55, still up about 5% on the day.<\/p>\n<p>This kind of move is common with exchange listings, a fast rise followed by a drop as early buyers take profits.&nbsp;<\/p>\n<h3 class=\"wp-block-heading\" id=\"h-what-ether-fi-actually-does\"><strong>What Ether.fi Actually Does<\/strong><\/h3>\n<p>Ether.fi is part of <a href=\"https:\/\/coinpedia.org\/price-prediction\/market-price-prediction-ethereum-2019\/\" target=\"_blank\" rel=\"noreferrer noopener\">Ethereum\u2019s<\/a> liquid restaking space. It lets users stake ETH while still using their funds through tokens like eETH and weETH in DeFi.<\/p>\n<p>ETHFI is the main token behind the platform. It\u2019s used for governance and plays a role in how the system runs and rewards users.<\/p>\n<p>            .article-inside-link {<br \/>\n                margin-left: 0 !important;<br \/>\n                border: 1px solid #0052CC4D;<br \/>\n                border-left: 0;<br \/>\n                border-right: 0;<br \/>\n                padding: 10px 0;<br \/>\n                text-align: left;<br \/>\n            }<\/p>\n<p>            .entry ul.article-inside-link li {<br \/>\n                font-size: 14px;<br \/>\n                line-height: 21px;<br \/>\n                font-weight: 600;<br \/>\n                list-style-type: none;<br \/>\n                margin-bottom: 0;<br \/>\n                display: inline-block;<br \/>\n            }<\/p>\n<p>            .entry ul.article-inside-link li:last-child {<br \/>\n                display: none;<br \/>\n            }<\/p>\n<ul class=\"article-inside-link\">\n<li><span>Also Read : <\/span><\/li>\n<li> &nbsp; <a href=\"https:\/\/coinpedia.org\/news\/ftx-to-distribute-2-2b-to-creditors-in-fourth-payout-on-march-31\/\" target=\"_blank\">FTX to Distribute $2.2B to Creditors in Fourth Payout on March 31<\/a><\/li>\n<li>&nbsp;  &#044;<\/li>\n<\/ul>\n<h3 class=\"wp-block-heading\" id=\"h-hayes-backing-adds-confidence\"><strong>Hayes\u2019 Backing Adds Confidence<\/strong><\/h3>\n<p>BitMEX co-founder Arthur Hayes also stepped in just before the listing. <a href=\"https:\/\/x.com\/lookonchain\/status\/2034466049601720749?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Lookonchain <\/a>data shows he received 132,730 ETHFI worth about $72,800 only a few hours before the announcement. Earlier, he had sold around 2.15 million ETHFI near $0.47 and later bought back in around $0.55, showing a planned move.<\/p>\n<p>He had also spoken about the project before, <a href=\"https:\/\/x.com\/CryptoHayes\/status\/1968569992414216393?s=20\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">pointing <\/a>out that it has real users and real income. Ether.fi\u2019s revenue run rate had jumped from about $18 million to nearly $80 million, which is not very common in DeFi projects.<\/p>\n<p>Overall, at present, the Upbit listing is the main driver behind this move. The price reacted fast and then slowed down, which is typical.<\/p>\n<p>Now, ETHFI has more visibility, especially in the Korean market. What happens next will depend on how much activity continues after this initial listing phase.<\/p>\n<div class=\"media article_register_shortcode\">\n<div class=\"media-body\">\n<h5 class=\"mt-0\">Never Miss a Beat in the Crypto World!<\/h5>\n<p>Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.<\/p>\n<\/p><\/div>\n<div class=\"media-button\">\n<div class=\"category-subscribe-btn\">\n<div data-cta-id=\"subscribe_6_cta\" data-cta-name=\"Subscribe to News\" id=\"subscribe_6_cta\">\n            <button id=\"without-login-subscribe_6\" class=\"primary-button subscribe-now openLoginModal\"><br \/>\n                                Subscribe to News                           <\/p>\n<p>            <\/button>\n\t\t\t<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<h2 class=\"wp-block-heading\" id=\"h-faqs\">FAQs<\/h2>\n<div class=\"schema-faq wp-block-yoast-faq-block\">\n<div class=\"schema-faq-section\" id=\"faq-question-1773917562768\"><strong class=\"schema-faq-question\">Why did ETHFI price surge after the Upbit listing?<\/strong> <\/p>\n<p class=\"schema-faq-answer\">ETHFI surged over 20% as the KRW pair opened access to Korean retail traders, boosting demand and liquidity during the initial listing phase.<\/p>\n<\/p><\/div>\n<div class=\"schema-faq-section\" id=\"faq-question-1773917587581\"><strong class=\"schema-faq-question\">What is Ether.fi and how does it work?<\/strong> <\/p>\n<p class=\"schema-faq-answer\">Ether.fi is a liquid restaking platform on Ethereum that lets users stake ETH while still using assets in DeFi via tokens like eETH and weETH.<\/p>\n<\/p><\/div>\n<div class=\"schema-faq-section\" id=\"faq-question-1773917608963\"><strong class=\"schema-faq-question\"><strong>Where can I trade the ETHFI KRW pair?<\/strong><\/strong> <\/p>\n<p class=\"schema-faq-answer\">The ETHFI\/KRW pair is available on Upbit, South Korea\u2019s largest cryptocurrency exchange. Trading started on March 19 at 12:30 PM KST, giving traders direct access to the Korean won market, which typically generates higher trading volume than BTC or USDT pairs.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The post ETHFI Price Today: Upbit KRW Listing Causes 20% Spike as Arthur Hayes&hellip;<\/p>\n","protected":false},"author":1,"featured_media":138550,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-138549","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stocks"],"_links":{"self":[{"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/posts\/138549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/comments?post=138549"}],"version-history":[{"count":0,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/posts\/138549\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/media\/138550"}],"wp:attachment":[{"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/media?parent=138549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/categories?post=138549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/americansecuritiesanalytics.com\/index.php\/wp-json\/wp\/v2\/tags?post=138549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}