Summary
- Analysis shows that wallets holding 1,000 or more Litecoin (LTC) bought an additional total of 181,000 LTC in a single day.
- Santiment said that this accumulation caused Litecoin to record a higher rate of increase compared to other altcoins.
- They reported that Grayscale's exchange-traded fund (ETF) filing and MEI Pharma's strategic reserve announcement also acted as additional positive factors.
On the 10th (local time), according to on-chain analytics firm Santiment, wallets holding 1,000 or more Litecoin (LTC) bought an additional total of 181,000 LTC the previous day.
Santiment analyzed, "Thanks to this accumulation, Litecoin recorded a higher rate of increase compared to other altcoins," and "Grayscale's exchange-traded fund (ETF) filing and MEI Pharma's strategic reserve announcement also acted as positive factors."
JH Kim
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