Litecoin (LTC) Price Dips as Miners Sell Large Amounts of Coins, What’s Next?

The Litecoin (LTC) price is down 14% from its recent high of $101 recorded on April 18. An outlier Miner reserve offloading event has sparked bearish concerns across the Litecoin ecosystem. How much would it impact LTC price action in the coming days?  When the Litecoin (LTC) community began a 100-day countdown to the next halving event, bullish speculators anticipated an accumulation trend among miners. But instead, on-chain data currently paints a contrary picture.  Miners Offload $170 Million Worth of Litecoin On-chain data compiled by IntoTheBlock shows that Litecoin miners depleted their reserves considerably in a shock move at the