The number of Litecoin (LTC) addresses holding between $1M and $10M, as well as those holding more than $10M, has fallen back to levels last seen around the 2022 cycle bottom.
That is an important shift in whale participation. Large holders are significantly less represented than they were during the stronger phases of the cycle.
Historically, similar contractions have appeared during periods of market stress and deep resets. It does not guarantee that LTC has reached a bottom, but it shows that whale activity is now sitting near historically depressed levels.
$LTC #Litecoin
That is an important shift in whale participation. Large holders are significantly less represented than they were during the stronger phases of the cycle.
Historically, similar contractions have appeared during periods of market stress and deep resets. It does not guarantee that LTC has reached a bottom, but it shows that whale activity is now sitting near historically depressed levels.
$LTC #Litecoin
