The daily transactions involving the richest Litecoin (LTC) addresses — “whales” that hold 10,000 to 1 million LTC — have jumped to their highest levels since December 2021.
Litecoin selloff ahead?
On-chain analytics platform Santiment detected a total of 3,458 LTC transactions worth over $100,000 on April 5, calling it “an indicator of mid-term price direction shifts.”
Meanwhile, Litecoin’s price continued its correction move on April 6, down 13% from recent highs of $135 on March 30.
