Litecoin (LTC) has seen significant whale accumulation recently, with whales buying 2,751,633 LTC (~$229 million) over the last 30 days, including 900,000 LTC on May 10, marking the highest daily accumulation since February. This suggests bullish sentiment and potential for a price breakout. Currently trading at $83.25, LTC is up 15% YTD and 18% in the last 90 days, but has struggled to surpass the $86 resistance level. Recent whale purchases and derivative market signals indicate a possible rise to $100, contingent on breaking the $85.9 resistance.
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