On-chain analytics platform Santiment shared a post drawing attention to whale activity in Litecoin (LTC).
Santiment featured Litecoin in his X post dated September 7. Analysts pointed out that whale activity in Litecoin has reached its highest level since the end of August.
Analysts pointed out that this movement, which has not been seen for a long time, could bring high volatility. In the chart they shared. The Santiment front, which marked $61 as the bottom point in the local. He discussed the possible consequences of the increasing whale interest:
Litecoin has been seeing higher levels of whale activity than ever since the end of August. On top of that, the level of discussion surrounding the 19th-ranked OG asset by market cap has erupted in a big way. Whether you’re a fan of LTC or not, this is worth paying attention to.
According to CoinGecko data, Litecoin, which has increased by 0.1% in the last 24 hours, is traded at $63 at the time of writing.
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