74% of Litecoin holders in loss.
According to data from IntoTheBlock, about 74% of addresses holding Litecoin (LTC) are at a loss at the current prices.
The market analytics and intelligence platform shows that over 6.11 million addresses with LTC acquired the cryptocurrency at average prices higher than $63.52 at the time of writing.
It leaves 1.5 million addresses, accounting for about 18% of holders in profit. Meanwhile, just over 614K addresses, or 7.4% of the holders are at breakeven prices.
I personally have huge loss on LTC as I had bought it in 2021 when the price was around $200. But till there are people who got to buy LTC on $35-40 and made huge profits.
But I have been recovering my losses through future trading.
🔥ARE you bullish or bearish on $LTC ?🔥
