Litecoin (LTC) Eyes Enormous Whale Activity, Here Are 2 Major Reasons

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Litecoin (LTC) Eyes Enormous Whale Activity, Here Are 2 Major Reasons
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Litecoin (LTC) eyes spike in $1 million transactions as halving is coming litecoin ltc halving ltchalving $ltc

, big whale activity on Litecoin has literally exploded in cash. Thus, the amount of transactions by large investors, that is, those of $1 million or more, has reached levels comparable to the highs of 2022.

There are few obvious reasons why crypto whales have settled in Litecoin's waters. The first is the general"greening" of the crypto market, with its capitalization adding 32% at the start of the year and reaching the $1 trillion level again.'s large whale transactions have exploded with activity, indicating a resurgence of transactions that are valued at $1 million or more. On the tail end of the last two similarly sized whale spikes, prices jumped +37% and +33% at their peaks.

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