Litecoin Whales Are Active: Over 50% Of Market Cap Being Shifted Around Daily
On-chain data shows that Litecoin whales have been active recently, as the network has handled many large moves. Litecoin Large Transaction Volume Has Been At $2.85 Billion Recently According to data from the market intelligence platform IntoTheBlock, the Litecoin network has been witnessing some high activity from the whale entities recently. The on-chain indicator of […]
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On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active Addresses for […]
On-chain data shows the Litecoin whales have participated in a significant amount of buying recently, a sign that could be bullish for LTC’s price. Litecoin Whales Have Added Big To Their Holdings Recently As explained by analyst Ali Martinez in a new post on X, the LTC whales have been busy buying during the last […]
Litecoin has observed a surge in its price as on-chain data shows the whales have participated in a significant amount of buying. Litecoin Whales Have Added 181,000 LTC To Their Wallets In a new post on X, on-chain analytics firm Santiment has talked about the latest trend in the holdings of the Litecoin whales. The indicator of interest here is the Supply Distribution, which tells us about the total amount of the LTC supply that a given address group is holding. Investors or wallets are put into these cohorts based on the number of coins that they are carrying in their balance. The 1 to....
Litecoin is once again experiencing losses following bitcoin's movements. The 24hr loss neared 4% and the litecoin price sunk to $1.69 from $1.76. The litecoin market seems to briefly have taken the upward turn once again though as the price is currently recovering from the daily lows. Bitcoin and litecoin, are their prices going hand by hand? As always, it's clear that bitcoin played a role in the recent movements that litecoin price took. While the patterns noticed in the charts can't really be described as identical, litecoin has been known for staying true to the direction that....
Large spikes in whale transactions typically precede a period of declines in the Litecoin market. The daily transactions involving the richest Litecoin (LTC) addresses — "whales" that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021.Litecoin selloff ahead?On-chain analytics platform Santiment detected a total of 3,458 LTC transactions worth over $100,000 on April 5, calling it "an indicator of mid-term price direction shifts." Meanwhile, Litecoin's price continued its correction move on April 6, down 13% from recent highs of $135 on March 30.Litecoin....