Crypto Whales Favor Bitcoin, Ethereum, XRP as Altcoins Hit Extreme Oversold Levels

Wealthier crypto investors are concentrating fresh capital in major tokens such as Bitcoin (BTC), Ethereum (ETH), and XRP (XRP) even as a handful of smaller altcoins flash extreme ‘oversold’ readings—an unusual mix that is fueling debate over whether a short-term bottom is forming.

According to Bithumb data tracking high-net-worth clients’ holdings and recent buying activity as of Friday UTC, allocation was heavily skewed toward large-cap assets. Bitcoin (BTC) led with an 83% share, followed by Ethereum (ETH) at 80% and XRP (XRP) at 70%. Solana (SOL) ranked next at 48%, while Ethereum…  Read more

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