#Strategy加码BTC配置 Current Breakdown of Bitcoin Chip Concentration

Recently, people have been frequently asking about chip concentration. To put it simply, the current data shows that the concentration is roughly around 14.4%.

Looking at the changes on the trading side, the average single transaction size in mid-December was about $46,610. By the end of the month, it was directly halved to $24,897. During this period, the BTC price basically remained unchanged, hovering in the 87,000-88,000 range. What does this contrast imply?

In simple terms: the desire for large capital to turn over is decreasing. The speed at which chips flow from both ends of the price towards the middle has significantly slowed down, so the concentration has remained relatively stable in recent days.

Why is this happening? It’s mainly due to two overlapping factors—holiday effects combined with less optimistic market sentiment. When liquidity truly recovers, the subsequent trend usually falls into one of two possibilities:

One is that chips continue to accumulate near the critical point, and after reaching a certain level, they suddenly decline. The other is that chips experience a sharp drop directly, without hesitation.

Regardless of which scenario occurs, the BTC price is likely to experience a noticeable wave of volatility. This is a key point to watch.