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Whales favor Bitcoin and Ethereum as altcoins hit extreme oversold levels amid market split

Market News
07 Jun 2026
Tokenpost
View Source
Neutral
pluang ai news

Large crypto investors are heavily buying Bitcoin and Ethereum, with net buy weights of 81% and 79% respectively, signaling a preference for liquid, well-known assets during volatile times. Meanwhile, several smaller altcoins show extreme oversold signals with RSI values in the single digits or even zero, indicating sharp price declines and thin liquidity. This split highlights a market divided between stable major tokens favored by big players and weaker altcoins facing greater selling pressure. Investors should view extreme RSI in small tokens as a stress indicator rather than a guaranteed buy signal, considering broader market conditions before making decisions.

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