Crypto Sharks Have Accumulated Over $108,000,000 in Litecoin in Six Months As LTC Inches Toward $100: Santiment

Litecoin (LTC) is rallying with big support from shark addresses that have accumulated more than $108 million worth of the token within months, according to Santiment. Crypto analytics firm Santiment says shark addresses have “aggressively” accumulated the token since July 2022, helping to push it toward $100. “Litecoin has now rallied its price up +89% since its drop below $50 on November 9th. Culprits for the surge of the 11+ year-old coin include addresses holding 100-10,000 LTC, who have added 1.15 million more coins in the past six months, a 4.92% increase.” Source: Santiment/Twitter Litecoin is worth $92.94 at time