Wealthy Crypto Investors Favor Bitcoin, Ethereum, XRP as Altcoins Hit Oversold Levels

Wealthy crypto investors are continuing to concentrate fresh buying in large-cap assets such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP), even as several smaller tokens flash extreme ‘oversold’ readings on technical indicators—a split that underscores a market torn between risk-off positioning and opportunistic bottom-fishing.

Data tracking high-net-worth investor activity in the Korean won (KRW) market as of Wednesday ET showed major assets dominating portfolio construction. Bitcoin (BTC) posted the highest participation at 83%, followed by Ethereum (ETH) at 80% and XRP (XRP) at 70%….  Read more

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