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Key Highlights:
As of August 2024, Bitcoin remains the largest single asset held by all users, accounting for 27.5% of their total assets (up from 25.7% in April 2024).
Excluding stablecoins, 67% of users’ crypto investments are allocated to Bitcoin and Ether, compared to 61% in April 2024, shortly after the Bitcoin halving.
This increase in concentration can be attributed to investors' growing preference for Bitcoin, while Ether's asset allocation percentage has remained stable.
Finally, Solana is the third-largest asset held by users, with its percentage growing consistently throughout 2024.