Litecoin price has gained more than 21 percent YTD to trade around $86 on Wednesday.
The Litecoin miners have intensified their accumulation process with a total hashrate of about 640.71 (TH/s) and mining difficulty at around 24.34 M.
The Litecoin (LTC) network, a crypto ecosystem with more than 9.17 million holders, has recorded heightened on-chain activity in anticipation of the third halving. The third largest Proof-of-Work  (PoW) secured blockchain is expected to experience increased demand both before the halving, scheduled for the first week of August. As a result, Litecoin has recorded increased FOMO traders amid increased whale activity.
Furthermore, Litecoin has amassed more fundamentals over the past decade of existence amid increased cryptocurrency adoption. 
With a market capitalization of approximately $6.3 billion, the Litecoin ecosystem reported a daily traded volume of about $586 million on Wednesday.
Litecoin Increased Whale Activity
Following the recent hype surroun

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