{"id":325429,"date":"2023-07-06T21:00:19","date_gmt":"2023-07-06T15:30:19","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=325429"},"modified":"2023-07-06T14:14:55","modified_gmt":"2023-07-06T08:44:55","slug":"litecoin-upcoming-halving-piques-whale-interest","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-upcoming-halving-piques-whale-interest\/","title":{"rendered":"Litecoin: Upcoming halving piques whale interest"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Whales holding 10,000 and more LTC have increased by 6%.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">LTC price increased by 1.75% as whale accumulation continued.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">With the Litecoin [LTC] halving less than a month away, the token has been buzzing with heightened activity as the countdown ticks on. Whales, in particular, have shown a noticeable surge of interest.<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/litecoin-price-prediction\" target=\"_blank\" rel=\"noopener\">Litecoin&#8217;s [LTC] Price Prediction<\/a> 2023-24<\/p>\n<hr \/>\n<h4><b>Litecoin whales start accumulation<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">The approaching <a href=\"http:\/\/ambcrypto.com\/litecoin-smart-money-holds-up-ltcs-value-pre-halving\/\" target=\"_blank\" rel=\"noopener\">Litecoin<\/a> halving has ignited a fresh spark of curiosity in the project, as indicated by insights gathered by <a href=\"https:\/\/twitter.com\/santimentfeed\/status\/1676645794089439233?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1676645794089439233%7Ctwgr%5E9ecde87817d616cd5ab9b7ca381b60ab934275c6%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Ftwitter.trello.services%2Ftweets.html7B22secret223A225wiAeeFsHefI3Fo0CFPuThrFgQjDdxaWCwCopltgOPhQxSymRpfd96MJfDCAMeIH222C22context223A7B22version223A22build-189559222C22member223A2263109200ca190a0170b89f91222C22permissions223A7B22board223A22write222C22organization223A22read222C22card223A22write227D2C22organization223A2260fe1fbdb5fb7109a31d039b222C22theme223Anull2C22initialTheme223A22light222C22board223A22637d975e9ad82501f05efa17222C22card223A2264a5aa503b3ff43971b30e29222C22command223A22attachment-sections222C22plugin223A2255a5d917446f51777421000b227D2C22locale223A22en-US227D\" target=\"_blank\" rel=\"noopener\">Santiment<\/a>. However, this newfound interest appears to be driven by whales, signifying the arrival of big players in the field.\u00a0<\/span><\/p>\n<figure id=\"attachment_325430\" aria-describedby=\"caption-attachment-325430\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023.png\"><img decoding=\"async\" class=\"wp-image-325430 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023.png\" alt=\"Litecoin whale accumulation\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.31.44-06-Jul-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-325430\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">According to Santiment&#8217;s data, 32 additional addresses holding 10,000 or more LTC have been included in the last five months. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This surge accounted for a notable 6% rise in the number of major holders. It brought the tally of such holders to approximately 579 at the time of this composition.<\/span><\/p>\n<h3><b>Litecoin on the social front<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">As per the <a href=\"https:\/\/www.litecoinblockhalf.com\/\" target=\"_blank\" rel=\"noopener\">Litecoin Block Half countdown<\/a>, the halving event was approximately 27 days away at press time. With each passing day, the community&#8217;s anticipation appeared to have grown. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">An examination of Litecoin&#8217;s social dominance shed light on its following within the crypto sphere.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Santiment&#8217;s social dominance metric revealed that <a href=\"http:\/\/ambcrypto.com\/litecoin-one-more-roadblock-to-130-level\/\" target=\"_blank\" rel=\"noopener\">LTC<\/a> held a modest 1% share of the ongoing discussions within the crypto community at the time of writing. While this figure may seem relatively low, it may increase as the halving date draws nearer, attracting more attention and engagement. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, an analysis of the social volume indicated a decline in activity. The press time social volume stood at approximately 24, suggesting fewer searches or inquiries related to LTC as of this writing.<\/span><\/p>\n<figure id=\"attachment_325431\" aria-describedby=\"caption-attachment-325431\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023.png\"><img decoding=\"async\" class=\"wp-image-325431 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023.png\" alt=\"LTC social volume and dominance\" width=\"2560\" height=\"867\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023-1536x520.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/Litecoin-LTC-08.33.50-06-Jul-2023-2048x693.png 2048w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-325431\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<h3><b>LTC price trend<\/b><\/h3>\n<p><span style=\"font-weight: 400;\">Upon examining the daily timeframe of <a href=\"http:\/\/ambcrypto.com\/litecoin-bulls-to-target-125-next\/\" target=\"_blank\" rel=\"noopener\">Litecoin<\/a>, a noticeable reversal in its trend was observed compared to the closing of trades on 5 June. At the time of writing, LTC was trading at approximately $104, experiencing a positive gain of over 1.7%. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This recent movement followed a period of a downward trajectory that followed a substantial 30% price surge.\u00a0<\/span><\/p>\n<figure id=\"attachment_325432\" aria-describedby=\"caption-attachment-325432\" style=\"width: 1793px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28.png\"><img decoding=\"async\" class=\"wp-image-325432 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28.png\" alt=\"LTC\/USD price trend\" width=\"1793\" height=\"809\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28.png 1793w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28-300x135.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28-1024x462.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28-768x347.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/07\/LTCUSD_2023-07-06_08-10-28-1536x693.png 1536w\" sizes=\"(max-width: 1793px) 100vw, 1793px\" \/><\/a><figcaption id=\"caption-attachment-325432\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">How much are 1,10,100 LTCs worth today?<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">Additionally, the Relative Strength Index (RSI) surpassed 60, indicating a robust bullish trend. Moreover, the RSI line displayed indications of a potential upward continuation in line with the latest price increase.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Given the increased accumulation by whales, there is a possibility that LTC may witness further price appreciation leading up to the halving event.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the Litecoin halving draws near, whales dive in, driving increased interest. Social buzz and price trends reflect the growing anticipation in the crypto community.<\/p>\n","protected":false},"author":76,"featured_media":325434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[70,63,4198,62],"class_list":["post-325429","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view","tag-litecoin","tag-litecoin-halving","tag-litecoin-whales","tag-ltc"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin: Upcoming halving piques whale interest - AMBCrypto<\/title>\n<meta name=\"description\" content=\"The Litecoin halving event has drawn the attention of millionaire addresses as more LTC is snapped up as the event nears.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/litecoin-upcoming-halving-piques-whale-interest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin: Upcoming halving piques whale interest - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"As the Litecoin halving draws near, whales dive in, driving increased interest. 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