Litecoin HODLing Strong Despite 15% Crash: 54% Of Supply Dormant Since 1+ Years

Quick Summary:

On-chain data shows HODLing behavior on the Litecoin network has remained strong recently despite the plunge that LTC’s value has observed.

Litecoin HODLers Currently Control The Majority Of Supply In a new post on X, Litecoin’s official handle talks about how the asset supply is distributed between its different cohorts right now.

The first of these, the Traders, refers to the investors who bought their coins within the past month.

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Article Details

Author / Journalist: Keshav Verma

Category: Crypto

Markets: Hungary

Topics: LTCUSDT LTC Litecoin Long-Term Holders Litecoin News Litecoin HODLing Litecoin Crash Litecoin HODLers

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-23 @ 21:30:34 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 458 words

Reading Time: 3 minutes read

Sentences: 36 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 24613769

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 10 hours ago

Coverage Areas: Hungary

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Publisher ID: #105

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