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Litecoin whales continue to increase holdings, LitVM discussion sparks attention

CoinNetwork
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Coin World News reports that Litecoin (LTC) has regained attention under the push of discussions on LitVM. Data shows that over the past five months, the number of whale and shark wallets holding at least 10,000 LTC has increased by 42, a 7% rise. Despite Litecoin’s trading activity still being sluggish, the growth among large holders continues. Santiment data shows that although network activity is nearing its annual low point, larger wallets are still expanding their positions. The LitVM project aims to introduce smart contract functionality to Litecoin by wrapping it with zkLTC, and the discussion has made Litecoin a popular topic on social media. Despite trading volume remaining at an annual low, Santiment notes that strong rebounds often quickly bring retail activity back. Currently, Litecoin data shows that whale and shark wallets are continuing to grow, trading volume remains weak, and interest in LitVM is also rising.
LTC1.33%
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RugProofMood
· 3h ago
zkLTC this narrative is quite fresh, but what about the implementation timeline?
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GateUser-047cb6fc
· 7h ago
If LitVM really gets running, LTC won't just be a pure meme coin anymore.
View OriginalReply0
FiveMinutesBeforeLiquidation
· 7h ago
Whales increase holdings but on-chain activity remains quiet, a typical stockpile game.
View OriginalReply0
GateUser-318a7dc8
· 7h ago
A 7% increase looks modest; the key is whether it can be sustained.
View OriginalReply0

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