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LTC Mega Whales Now Hold Their Highest Level of Supply Since 2017

Published 12/12/2022, 02:00 AM
Updated 12/12/2022, 02:30 AM
LTC Mega Whales Now Hold Their Highest Level of Supply Since 2017

  • LTC’s price is down 3.97% over the last 24 hours.
  • Whales are currently holding their highest level of supply since June 2017.
  • The altcoin’s price may drop further if it drops below the 20-day EMA line.

The price of Litecoin (LTC) has dropped over the last 24 hours according to the crypto market tracking website, CoinMarketCap. At press time, the price of LTC is trading at $74.37 after a 3.97% drop in price. This has pushed the altcoin’s negative weekly price performance further down. Currently, LTC is down 10.51% over the last 7 days.

LTC has also weakened against both crypto market leaders, Bitcoin (BTC) and Ethereum (ETH), by 2.66% and 1.80% respectively.

The post LTC Mega Whales Now Hold Their Highest Level of Supply Since 2017 appeared first on Coin Edition.

See original on CoinEdition

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