According to TechFlow, the latest data from Santiment, a crypto market analysis platform, shows that the market value of Litecoin (LTC) has fallen by about 36% since its peak on April 1, 2024. During this period of decline, about 45,200 small wallets holding 0.1-1 LTC were suddenly liquidated, indicating that small-scale traders may be abandoning the crypto asset.
Santiment noted that this phenomenon of "small fish" impatiently "jumping ship" is often seen as a signal that the asset is about to turn bullish again.