On-chain data shows that Litecoin’s long-term holders have achieved a new record: 62.5% of all LTC investors now qualify as these HODLers.
There Are Now More Than Five Million Litecoin Long-Term Holders
According to data from the market intelligence platform IntoTheBlock, the LTC network recently reached a new milestone in terms of its long-term holder count.
The “long-term holders” (LTHs) here refer to Bitcoin investors who have held their coins for more than a year without moving or selling them. Note that IntoTheBlock chose this cutoff; other analytics firms have an LTH threshold between 5 and 6 months.
Statistically, the longer an investor holds onto their coins, the less likely they become to sell at any point. As such, the LTHs, who hold for relatively long periods, are considered to carry a strong resolve.
Historically, the LTHs rarely show selling activity, regardless of whatever happens in the rest of the market. The fickle-minded part of the sector that hol
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