Litecoin (LTC)
LTC in the second week experienced increased whale accumulations. A Spike was registered in Whale holders with more than 1% of the circulation supply.
The chart shows increasing whale buying activity, indicating confidence in the future growth of LTC.
Also looking at the on-chain metric, the Concentration by large holders ( Whale with more than 1% and investors with 0.1% to 1% holding) stands at 48%. This is an impressive number for any asset to possess long-term growth, conversely, it is also a red point, in the bear market.
Litecoin has moved 10.18% in the last 7 days and is trading at $67.34. If the whale accumulation continues, LTC is expected to grow more upward.$LTC