Source: TheMerkle.com
Litecoin ($LTC) has been on a volatile yet steady downward trajectory, mirroring the broader crypto market’s retracement.
Notably, $LTC has historically moved counter to the market, but today’s decline suggests a shift in sentiment.
$LTC is witnessing a significant decline in the number of small-balance holders, indicating that weak hands may be capitulating as the market approaches a potential bottom. pic.twitter.com/D0MoLP0JYL
— Bitcoinsensus (@Bitcoinsensus) August 27, 2024
A closer look at
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Source: TheMerkle.com