Despite the recent drop in Litecoin's value, on-chain data reveals that HODLing behavior on the network remains strong. Litecoin's official handle discusses the distribution of asset supply among different investor cohorts based on holding time. Traders, Cruisers, and HODLers are the three relevant groups identified. Traders are recent investors, while Cruisers have held their coins for over a month, and HODLers have held for over a year. The supply held by Traders has increased, indicating movement from older cohorts. HODLers, holding 54% of the total LTC supply, have not panicked despite the price drop. The average holding time per token is 2.4 years. Selling immediately affects supply charts, while buying reflects past accumulation. Litecoin is currently trading at $102, down 15% in the last week. Read more AI-generated news on: https://app.chaingpt.org/news