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.