{"id":404827,"date":"2024-07-07T05:30:25","date_gmt":"2024-07-07T00:00:25","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=404827"},"modified":"2024-07-06T15:21:23","modified_gmt":"2024-07-06T09:51:23","slug":"litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/","title":{"rendered":"Litecoin &#8211; Large withdrawals and how they might dictate LTC&#8217;s price action"},"content":{"rendered":"<ul>\n<li><em>LTC&#8217;s recent gains might be hindered by large holders&#8217; sell-offs<\/em><\/li>\n<li><em>On-chain data revealed a strong support at $61.27, and could be critical to overcoming the overhead resistance<\/em><\/li>\n<\/ul>\n<p>Though <a href=\"https:\/\/ambcrypto.com\/category\/litecoin-news\/\" target=\"_blank\" rel=\"noopener\">Litecoin&#8217;s [LTC]<\/a> price has been able to regain a part of its losses, it faces an uphill challenge ahead of it. AMBCrypto discovered this after analyzing the altcoin&#8217;s Large Holders Netflow.<\/p>\n<p>This week, Litecoin&#8217;s price could not resist plunging like the rest of the market. On 5 July, the value of the cryptocurrency tumbled to $57.55. However, the last 24 hours came with a 7.05% hike as LTC changed hands at $62.50.<\/p>\n<h2>Litecoin hotshots are leaving the coin<\/h2>\n<p>Despite the hike though, it is uncertain if the cryptocurrency will sustain its latest jump. In fact, according to data from IntoTheBlock, Large Holders Netflow was down 95.84% in the last 7 days, at the time of writing.<\/p>\n<p>Put simply, the metric is the <a href=\"https:\/\/app.intotheblock.com\/coin\/LTC\/deep-dive?group=ownership&amp;chart=concentration\" target=\"_blank\" rel=\"noopener\">difference<\/a> between the Large Holders Inflow and the Large Holders Outflow. For context, large holders are addresses holding at least 0.1% to 1% of the total circulating supply.<\/p>\n<p>When the netflow is positive, large investors are accumulating more than they are selling. On the contrary, when it is negative, it implies that these holders are <a href=\"https:\/\/ambcrypto.com\/litecoin-holders-move-to-sell-928-million-ltc-will-prices-drop-below-70\/\" target=\"_blank\" rel=\"noopener\">selling<\/a> more than they are buying. This is the case with LTC too.<\/p>\n<figure id=\"attachment_404836\" aria-describedby=\"caption-attachment-404836\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow.png\"><img decoding=\"async\" class=\"wp-image-404836 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow.png\" alt=\"Litecoin faces selling pressure\" width=\"1200\" height=\"800\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow.png 1200w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow-300x200.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow-1024x683.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-large-holders-netflow-768x512.png 768w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/a><figcaption id=\"caption-attachment-404836\" class=\"wp-caption-text\">Source: IntoTheBlock<\/figcaption><\/figure>\n<p>Should the metric remain negative, Litecoin&#8217;s uptrend might be halted. However, if the inflows begin to outpace outflows, the value could trade above $60 in the short term, and possible move closer to $70.<\/p>\n<p>That being said, AMBCrypto considered it necessary to evaluate other datasets to lend some insights into LTC&#8217;s potential direction. To do this, we evaluated the altcoin&#8217;s Investor Capitalization.<\/p>\n<h2>LTC&#8217;s price close to the bottom, could trade higher<\/h2>\n<p>This metric is the difference between Realized Cap and Thermocap.\u00a0 The <a href=\"https:\/\/studio.glassnode.com\/metrics?a=LTC&amp;category=Market%20Indicators&amp;m=indicators.InvestorCapitalization&amp;s=1712476787&amp;u=1720252787&amp;zoom=90\" target=\"_blank\" rel=\"noopener\">outcome<\/a> of this calculation indicates if the coin has hit the top or if the bottom is in.<\/p>\n<p>If Investor Capitalization spikes, it suggests that the coin is close to the top of this cycle. However, if the reading is low, it means that the price is close to the bottom.<\/p>\n<p>According to Glassnode, the metric was at a low point, indicating that LTC might be <a href=\"https:\/\/ambcrypto.com\/litecoin-stagnates-around-71-support-level-where-will-ltc-go-next\/\" target=\"_blank\" rel=\"noopener\">undervalued<\/a>.<\/p>\n<figure id=\"attachment_404842\" aria-describedby=\"caption-attachment-404842\" style=\"width: 1800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price.png\"><img decoding=\"async\" class=\"wp-image-404842 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price.png\" alt=\"Litecoin's cost is undervalued\" width=\"1800\" height=\"1013\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price.png 1800w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-bottom-price-1200x675.png 1200w\" sizes=\"(max-width: 1800px) 100vw, 1800px\" \/><\/a><figcaption id=\"caption-attachment-404842\" class=\"wp-caption-text\">Source: Glassnode<\/figcaption><\/figure>\n<p>As far as the short-term outlook is concerned, AMBCrypto then looked at the In\/Out of Money Around Price (IOMAP) indicator. The IOMAP groups addresses into those in profit and those in loss, depending on their average accumulation price.<\/p>\n<p>As a result, the metric acts as <a href=\"https:\/\/app.intotheblock.com\/coin\/LTC\/deep-dive?group=financials&amp;chart=inAndOut\" target=\"_blank\" rel=\"noopener\">support<\/a> or resistance. The larger the cluster of addresses within a price range, the stronger the support or resistance.<\/p>\n<p>At press time, data showed that 128,140 addresses bought 485,190 LTC at a average price of $63.39. This cohort was out of money. On the other hand, 135,090 addresses purchased 1.51 million LTC around $61.27. This cohort was in the money.<\/p>\n<p>Since there was a larger amount of addresses at a lower value, it suggested Litecoin has strong support on the charts. Considering this position, there is a high chance that Litecoin would <a href=\"https:\/\/ambcrypto.com\/is-litecoin-in-danger-of-falling-to-63-breaking-down-the-odds\/\" target=\"_blank\" rel=\"noopener\">flip the resistance<\/a> at $63.39.<\/p>\n<figure id=\"attachment_404843\" aria-describedby=\"caption-attachment-404843\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance.png\"><img decoding=\"async\" class=\"wp-image-404843 size-full\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance.png\" alt=\"Litecoin price prediction\" width=\"2560\" height=\"543\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-300x64.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-1024x217.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-768x163.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-1536x326.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-2048x434.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-ltc-support-resistance-1200x254.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-404843\" class=\"wp-caption-text\">Source: IntoTheBlock<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Is your portfolio green? Check the <a href=\"https:\/\/ambcrypto.com\/calculator\/profit\" target=\"_blank\" rel=\"noopener\">Litecoin Profit Calculator<\/a><\/p>\n<hr \/>\n<p>If this happens, LTC could hit $65.35 in a few days. However, this prediction might be invalidated if large holders of the coin continue to sell.<\/p>\n<p>Should this be the case, LTC might drop below $60 again.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Litecoin is in a tough position right now, despite its latest hike. Will it be enough?<\/p>\n","protected":false},"author":72,"featured_media":404857,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,6377,66,3,4,20],"tags":[],"class_list":["post-404827","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-litecoin-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Litecoin - Large withdrawals and how they might dictate LTC&#039;s price action - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Though Litecoin&#039;s [LTC] price has been able to regain a part of its losses, it faces an uphill challenge ahead of it...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Litecoin - Large withdrawals and how they might dictate LTC&#039;s price action - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"Litecoin is in a tough position right now, despite its latest hike. Will it be enough?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-07T00:00:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/webp\" \/>\n<meta name=\"author\" content=\"Victor Olanrewaju\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/vic_olanrewaju\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Victor Olanrewaju\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/\"},\"author\":{\"name\":\"Victor Olanrewaju\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/adb85c1ce0574a1ee41039ff452315e5\"},\"headline\":\"Litecoin &#8211; Large withdrawals and how they might dictate LTC&#8217;s price action\",\"datePublished\":\"2024-07-07T00:00:25+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/\"},\"wordCount\":583,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/litecoin-news-price-prediction.webp\",\"articleSection\":[\"Altcoin\",\"Litecoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#respond\"]}],\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/\",\"name\":\"Litecoin - Large withdrawals and how they might dictate LTC's price action - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/litecoin-news-price-prediction.webp\",\"datePublished\":\"2024-07-07T00:00:25+00:00\",\"description\":\"Though Litecoin's [LTC] price has been able to regain a part of its losses, it faces an uphill challenge ahead of it...\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/litecoin-news-price-prediction.webp\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/07\\\/litecoin-news-price-prediction.webp\",\"width\":1792,\"height\":1024,\"caption\":\"Litecoin - Large withdrawals and how they might dictate LTC's price action\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/adb85c1ce0574a1ee41039ff452315e5\",\"name\":\"Victor Olanrewaju\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/IMG-9126-scaled-e1677641698928-150x150.jpg\",\"caption\":\"Victor Olanrewaju\"},\"description\":\"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.\",\"sameAs\":[\"https:\\\/\\\/www.linkedin.com\\\/in\\\/victor-olanrewaju\\\/\",\"https:\\\/\\\/x.com\\\/https:\\\/\\\/twitter.com\\\/vic_olanrewaju\"],\"knowsAbout\":[\"Technical Analysis\",\"Crypto Market Trends\",\"Crypto Market Analysis\"],\"jobTitle\":\"Journalist\",\"worksFor\":\"AMBCrypto\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/victor-olanrewaju\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Litecoin - Large withdrawals and how they might dictate LTC's price action - AMBCrypto","description":"Though Litecoin's [LTC] price has been able to regain a part of its losses, it faces an uphill challenge ahead of it...","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/","og_locale":"en_US","og_type":"article","og_title":"Litecoin - Large withdrawals and how they might dictate LTC's price action - AMBCrypto","og_description":"Litecoin is in a tough position right now, despite its latest hike. Will it be enough?","og_url":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2024-07-07T00:00:25+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp","type":"image\/webp"}],"author":"Victor Olanrewaju","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/vic_olanrewaju","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Victor Olanrewaju","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/"},"author":{"name":"Victor Olanrewaju","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/adb85c1ce0574a1ee41039ff452315e5"},"headline":"Litecoin &#8211; Large withdrawals and how they might dictate LTC&#8217;s price action","datePublished":"2024-07-07T00:00:25+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/"},"wordCount":583,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp","articleSection":["Altcoin","Litecoin","News","News 1","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#respond"]}],"copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/","url":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/","name":"Litecoin - Large withdrawals and how they might dictate LTC's price action - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp","datePublished":"2024-07-07T00:00:25+00:00","description":"Though Litecoin's [LTC] price has been able to regain a part of its losses, it faces an uphill challenge ahead of it...","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/litecoin-large-withdrawals-and-how-they-might-dictate-ltcs-price-action\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/07\/litecoin-news-price-prediction.webp","width":1792,"height":1024,"caption":"Litecoin - Large withdrawals and how they might dictate LTC's price action"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/adb85c1ce0574a1ee41039ff452315e5","name":"Victor Olanrewaju","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG-9126-scaled-e1677641698928-150x150.jpg","caption":"Victor Olanrewaju"},"description":"Victor Olanrewaju is a full-time journalist at AMBCrypto. Settled in Lagos, his fascination with blockchain technology and the cryptocurrency market arose out of his love of freedom and everything free. As a Nigerian, Victor understands the impact unfounded financial restrictions have on a population. He sees Bitcoin and cryptos as a way to circumvent these obstacles, as a tool for value creation despite all the setbacks. A graduate in Physics, Victor previously worked as a Senior Marketer at Melange Technologies. Before that, he dealt with crypto-marketers on a regular basis in his capacity as Copywriter at Ventrix Media. At AMBCrypto, Victor\u2019s focus is on assessing the real effectiveness of both on-chain and off-chain developments on a project and its community sentiment.","sameAs":["https:\/\/www.linkedin.com\/in\/victor-olanrewaju\/","https:\/\/x.com\/https:\/\/twitter.com\/vic_olanrewaju"],"knowsAbout":["Technical Analysis","Crypto Market Trends","Crypto Market Analysis"],"jobTitle":"Journalist","worksFor":"AMBCrypto","url":"https:\/\/ambcrypto.com\/author\/victor-olanrewaju\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/404827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/72"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=404827"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/404827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/404857"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=404827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=404827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=404827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}