Wealthy crypto investors are continuing to concentrate their holdings in major, highly liquid tokens, even as a pocket of the altcoin market flashes ‘extremely oversold’ technical readings that could signal capitulation-level selling pressure. Portfolio data published Saturday ET (based on figures compiled through Friday in Korea) showed Bitcoin (BTC) leading the holdings of top-tier investors, appearing in 82% of tracked high-net-worth portfolios.
Source: Read the original article
