In a new report, Blockchain analytics firm Santiment says that Litecoin whales have increased their holdings by roughly 270,000 LTC, or about $30,000,000 since the beginning of July.The crypto insights firm also observes that the activity on the Litecoin network is surging despite the grinding bearish price action.“Despite a 13.8% drop in price, the amount of unique addresses interacting with LTC has grown by 47.5% over the last 10 days. ” Santiment points out Litecoin (LTC) is experiencing a strong wave of accumulation from whales.

By Amy Liu