Yuhuan
BlockBeats News, December 17 — On-chain data analyst Murphy stated, "BTC's chip concentration is an effective pre-warning indicator for potential volatility. Currently, when the chip concentration within a 5% range of the spot price rises above 13%, it enters the alert zone; above 15% is considered high risk. The more concentrated the chips, the greater the probability and magnitude of volatility triggered. High chip concentration only signals volatility, not direction. Currently, BTC's chip concentration is at 11%, which is slightly above average and has not entered the alert zone above 13%.
BTC0.47%