"Litecoin (LTC) Holders Show Little Change in Long-Term Holdings... Anticipating Further Gains"
Son Min
Summary
- 78% of Litecoin (LTC) holders have been holding for over a year.
- Long-term holders have shown a tendency to accumulate during bear markets and sell near peak prices.
- In this cycle, there has been no significant decrease in long-term holdings, indicating expectations for further price increases.
There are claims that Litecoin (LTC) holders are expecting further price increases.
On the 20th (local time), IntoTheBlock stated on X, "78% of Litecoin holding addresses have held LTC for over a year," and analyzed that "most tend to accumulate during bear markets and sell near peak prices." They further noted, "In this cycle, the long-term held LTC has not significantly decreased," indicating that many LTC holders are expecting further price increases.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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