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Litecoin Price Breakthrough: Miners Trigger Uptrend, Targeting $150 in the Short Term
1. Summary of recent price movements
• Litecoin (LTC) surged 35% this week, reaching a high of $131.50 on Binance.
• This increase stems from strong market momentum, especially the accumulation from miners with a buying value of around 18 million USD (140,000 LTC).
2. The role of miners in the price surge
• Accumulating a large amount: Miners have been buying heavily from December 10 to December 16, reducing the supply of new coins on the market.
• Litecoin (LTC) surged 35% this week, reaching a high of $131.50 on Binance.
• This increase stems from strong market momentum, especially the accumulation from miners with a buying value of around 18 million USD (140,000 LTC).
2. The role of miners in the price surge
• Accumulating a large amount: Miners have been buying heavily from December 10 to December 16, reducing the supply of new coins on the market.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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