On-chain data shows a Litecoin whale has made a large deposit to the cryptocurrency exchange Binance, which could be a sign of selling.
Litecoin Whale Has Transferred $18.2 Million Worth Of LTC To Binance
According to data from the cryptocurrency transaction tracker service Whale Alert, a huge movement has been spotted on the Litecoin blockchain during the past day.
This LTC transaction saw around 516,809 tokens of the asset move across the network, approximately worth $31.5 million at the time the transfer had gone through.
Naturally, the whales are the only investor class capable of shifting around such a large number of coins in a single transaction. As whales can be influential entities in the market, their movements can be worth looking out for.
Due to this reason, this latest whale transaction might end up causing fluctuations in the LTC market as well, or at the very least, it could reveal info about the sentiment among these humongous holders.
How this transfer might end up aff
We współpracy z: https://bitcoinist.com/litecoin-drop-below-60-whale-deposits-to-exchange/
