Over 13%! The "concentration of BTC spot positions within a 5% price range" has crossed our warning line, reaching 13.3% as of yesterday. In other words, if BTC keeps chopping around this level and positions keep switching hands here, the concentration will only get higher. Historically, whenever this metric goes above 13%, we see major volatility kick in. Once it pushes past 15%, we're officially in the "high risk zone." Remember, it's not about the direction—it's about the volatility! I've marked previous instances on the chart where concentration exceeded 15%. The moves were chaotic—up or down, no clear pattern. But you could always bet on "RV (realized volatility)" outpacing "IV (implied volatility)" and lock in some solid profits, right? ---------------------------------------------- Bitget VIP—lower fees, better perks, bigger rewards!