According to analytics firm Santiment, crypto whales apparently gathered Litecoin during the most recent negative market session. Litecoin is a peer-to-peer payments network. The amount of Litecoin addresses with more than a million LTC is at its highest level since June 2017, according to Santiment. These whales had purchased 2.95 million LTC worth $219.6 million over the previous five weeks, according to the analytics firm.
In just five weeks, Litecoin Mega Whales have acquired about $220,000,000 in LTC.
