#Litecoin ($LTC ) whales have recently embarked on a significant accumulation spree, according to data from #IntoTheBlock. Over the past month, whale addresses have accumulated a staggering 2,751,633 LTC. The peak of this activity was observed on May 10, with a net inflow of over 900,000 $LTC in a single day. This surge in accumulation suggests a notable shift in the Litecoin ecosystem, indicating increased confidence among major holders. Notably, the May 10th net inflow marked the largest daily accumulation by whale addresses since February. Previous reports from @WISE CRYPTO NEWS revealed that the #Litecoin network has processed over 245 million transactions to date, with 39 million occurring in 2024 alone. This accumulation by whales may indicate their anticipation of forthcoming developments in the Litecoin ecosystem.
