Despite a consistent drop in Litecoin’s (LTC) price, the number of addresses holding the world’s fifteenth-largest cryptocurrency for over 12 months has nearly doubled in the past year.
According to the crypto analytic platform IntoTheBlock, the number of long-term LTC holders has just hit five million this week, indicating “growing confidence” in the asset.
Five million addresses maintaining LTC holdings for over a year marked a significant 96% increase from the 2.55 million addresses that held the altcoin for a year by August 2022.
Litecoin reached a major milestone this week. The number of long-term $LTC holders has just hit 5 million — signaling growing confidence in the asset.
https://t.co/rG2UOkZLc5 pic.twitter.com/5uH0eVMpYb
— IntoTheBlock (@intotheblock) September 7, 2023
The “HODLing” attitude from investors has been typically strong and can be evidenced by the fact that 13% of Litecoin’s total supply remained untouched for five years, and market participant
We współpracy z: https://cryptopotato.com/long-term-litecoin-ltc-holders-count-hits-5-million-data/
