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CryptoGlobe

2023-02-02 02:30:00

Litecoin Sharks Were Behind $LTC’s Near 90% Surge, Data Suggests

Litecoin Sharks Were Behind $LTC’s Near 90% Surge, Data Suggests

The price of Litecoin ($LTC) has surged nearly 90% since early November, with the movement seemingly being supported by so-called Litecoin ‘sharks,’ or large addresses that have been heavily accumulating the cryptocurrency. According to on-chain analytics firm Santiment, Litecoin’s rally was supported by addresses holdings between 100 and 10,000 $LTC, or between $9,470 and $947,000

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