Bybit, the world's second-largest cryptocurrency exchange, has released a new report analyzing digital asset allocation strategies among institutional investors and their impact on the market.
Asset Allocation Analysis
The Bybit report indicates that major institutional investors continue to hold ETH, BTC, and several altcoins. The portfolio balances of these assets reflect current trends in DeFi and regulatory changes affecting professional investors' decisions.
Key Market Movements
According to the report, large investors are actively increasing their positions in ETH, while SOL shows signs of recovery. Institutional interests are also represented in various altcoins despite downward pressure on AVAX.
Trends in Stablecoins
The report also notes a decrease in stablecoin balances across major exchanges down to a three-month low, suggesting a growing risk-on sentiment as investors deploy funds and enter active trading.
The Bybit report highlights key changes in the asset allocation strategies of institutional and retail traders, indicating a growing interest in certain cryptocurrencies amidst a rapidly changing market.
