Institutional Investors Not Abandoning Altcoins, Data Suggests

In a recent video, host FireHustle challenged Kevin O'Leary's decision to cut his reported altcoin holdings, arguing that institutional data does not support a blanket dismissal of assets such as Hedera, Solana, and Avalanche.

O'Leary has reportedly reduced his crypto allocation from 24% to 14%, now holding only Bitcoin and Ethereum, calling the rest 'poopoo coins.'

FireHustle's central question is not whether a billionaire investor sold but whether large professional investors have actually abandoned these tokens.

Data suggests that institutions are narrowing their altcoin exposure rather than abandoning it altogether.