Well there are more people that are willing to pay than just Coinbase. A more comprehensive answer would be that arbitrage is not that up to speed in the Bitcoi

Well there are more people that are willing to pay than just Coinbase. A more comprehensive answer would be that arbitrage is not that up to speed in the Bitcoin world, especially in KRW and JPY markets: https://coinmarketcap.com/currencies/bitcoin/#markets https://coinmarketcap.com/currencies/bitcoin/#markets Used to be that crypto is massively overpriced there, now it looks like Korea and Japan are leading this price fall.