๐Hey there, BTC enthusiasts!๐ Here's a fun fact for you: Litecoin whales are on a shopping spree! ๐ณ๐ฐ According to data from IntoTheBlock, these big players have scooped up over 2.75 million Litecoins in the past 30 days. That's their largest daily inflow since February! ๐๐ฒ
But here's the kicker: this accumulation hasn't really moved the needle on LTC's price. The crypto has been bobbing between $80 and $86 for the past month, even dipping to $76 at one point. As of now, LTC is sitting pretty at $83.36. ๐๐
Remember when Coinbase launched a cash-settled futures contract for Litecoin back in April? Well, since the Litecoin halving event ten months ago, the network has seen a significant uptick in transaction count and active addresses. Long-term LTC holders doubled, surpassing five million! ๐๐
In December, active addresses on Litecoin hit a new all-time high, exceeding 1.4 million. This also drove the number of Litecoin wallets with a balance to new highs. Plus, the launch of the LTC-20 token standard on the network's Ordinals Protocol has added to Litecoin's development. ๐ฏ๐
So, while the crypto market may have its ups and downs, it seems like Litecoin is making waves in its own way! ๐๐โโ๏ธ Stay tuned for more exciting crypto updates! ๐ฐ๐