Ethereum reached new local all-time highs in both Japan and South Korea on Sunday. The reason is likely to be the rising domestic demand rather than currency effects. By Monday morning, ETH is trading slightly off the intraday high but still well above recent averages. Japanese Yen, Korean Won Denominated Prices Soar On August 10, Ethereum briefly touched ¥639,455 in Japan by CoinMarketCap data, surpassing its previous local record of ¥632,954 yen set on December 17, 2024
source: https://beincrypto.com/ethereum-breaks-ath-in-japan-and-korea-in-local-currencies/