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LTC's recent rise has pushed nearly 80% of bitcoin-holding addresses into a state of floating profit

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2024-12-03 06:30:58
LTC has rallied more than 27% in the past week, causing a significant increase in the number of floating addresses.
According to data from Into The Block, around 60% of LTC holders were in a floating position in mid-November. By December 2, this figure had risen to nearly 80%, and the fund inflow/outflow indicator shows that more than 6.37 million LTC addresses (approximately 79.37%) are currently in a floating position.
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