Editor's PiCK
"Whales Accumulate 930,000 Litecoin (LTC) Over Past 2 Weeks... Spot ETF Expectations Rise"
Minseung Kang
Summary
- Analysis shows whale investors have purchased 930,000 Litecoin (LTC) over the past two weeks.
- The approval probability of a Litecoin (LTC) spot ETF remains high.
- Bloomberg ETF analyst forecasts a 90% approval probability for the Litecoin spot ETF.
Whale investors have accumulated 930,000 Litecoin (LTC) over the past two weeks.
On the 22nd, cryptocurrency analyst Ali Martinez analyzed through X (formerly Twitter) that "whale investors have made large purchases of 930,000 Litecoin over the past two weeks." This amounts to approximately 171.3 billion won.
The industry still highly anticipates the approval probability of a Litecoin (LTC) spot ETF. On the 21st, Bloomberg ETF analyst Eric Balchunas projected that "the approval probability of a Litecoin spot ETF is 90%."
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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