Litecoin Whale Activity Pushes LTC Price Over $95 Again
Over the last few weeks, Litecoin (LTC) has been showing good price action to the north as the most-awaited Litecoin halving event approaches closer. With the LTC halving event just two months away from here onwards, the on-chain transaction volumes on the Litecoin blockchain and the whale activity have shot up. On-chain data provider Santiment explained: advertisement Litecoin’s market value is +6.5% in the past 24 hours as its halving is now just over 2 months away. This surge has been powered by a massive 2-year high in on-chain transaction volume, and the highest whale activity since January. The surge in the LTC20 transactions on the Litecoin blockchain has also contributed to providing a major boost to the Litecoin network activity. As the halving event approaches closer, whale activity is expected to remain high over the next two months. After the Litecoin halving, the per block reward to LTC miners will be reduced to 6.25 LTC from the existing ...