Narrative
Hook: 0xa4e8…bdcf is crowded; kl div 22.37. What happened: Kl div shot up to 22.37; 30d count: 0. Why it matters: This indicates crowded market dynamics; watch for potential reversals. Receipts: Kl div 22.37; 30d count: 0; 90d count: 0. How to verify: Check current kl div; monitor 30d count for changes.