Wealthier crypto investors are increasingly concentrating their portfolios in major assets such as Bitcoin (BTC) and Ethereum (ETH), while a separate pocket of the market is flashing extreme ‘oversold’ signals in smaller altcoins—highlighting a clear split between a safety-first allocation stance and tactical, high-risk rebound watching. As of Friday ET (based on data taken Saturday in Korea), Bitcoin (BTC) accounted for 83% of holdings among high-net-worth participants tracked in the dataset, making it the most heavily weighted asset.
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