Litecoin on a knife’s edge; should investors wait for mid-week clarity

Litecoin [LTC] experienced some selling pressure at the start of the week as the bears took over market dominance. The resulting downside has subsequently pushed LTC towards its August support level, thus entering an uncertainty zone.

The level of uncertainty among Litecoin’s investors is evident in its supply distribution.

Whales holding between 100,000 and one million LTC coins increased their balances in the last two days. In contrast, addresses holding between 10,000 and…


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