Beware! Bitcoin chip concentration is critical, the market may face violent fluctuations Cryptocurrency market monitoring data shows that the chip concentration within the 5% range of Bitcoin spot price has climbed to 14.5%, which is infinitely close to the iconic critical threshold of 15%. From historical data, whenever the concentration of Bitcoin chips exceeds 15%, the market will usher in significant fluctuations, which deserves the attention of all players. ​ Looking back at the three recent situations in which the concentration of Bitcoin chips exceeded 15%, the price trend showed different directions of "up-down-up", and there was no obvious pattern to follow. Although the direction is difficult to predict, it is certain that the market volatility will be sharply amplified after each breakthrough, and the concentration of chips will also decline rapidly. This means that once the concentration of Bitcoin chips officially exceeds 15%, the market will enter a high volatility stage regardless of whether the price rises or falls. ​ For cryptocurrency players, it is necessary to prepare in advance to move forward steadily in the volatility.