BTC Spot 5% Supply Concentration Rises to 12%, Signaling Potential Volatility

BTC spot supply concentration within a 5% price range has climbed to 12%, exceeding May's level and approaching historical thresholds associated with significant market moves.

Woofun AI reports that BTC spot market supply concentration within a 5% price range has increased from 10% in May to 12%. Analyst Murphy notes that while this figure remains below the 15% threshold historically linked to major volatility, it surpasses the level seen during May's significant price swings. The analysis suggests that high concentration in narrow ranges can amplify turnover sensitivity, leading to larger fluctuations. Historical data indicates concentrations above 15% often precede major moves, as seen in November 2025 (18%) and January 2026 (16%).