Narrative
Hook: 0x140d…7ba6 is crowded; 23.03 is the highest KL div in 30 days. What happened: 0x140d…7ba6 saw a 23.03 KL div, up from 11.25. Why it matters: This indicates crowded market sentiment; watch for potential reversals. Receipts: 23.03 is the highest KL div in 30 days; 23.03 is 2x its 30-day average. How to verify: Check the current KL div; monitor for new transactions or price changes.