As of February 21, 2025, Litecoin (LTC) is trading at approximately $135.01.
Recent on-chain data provides valuable insights into Litecoin's network activity and investor behavior:
Active Addresses: The Litecoin network maintains robust user engagement, with approximately 370,000 daily active addresses. This high level of activity indicates sustained interest and utilization of the network.
Transaction Volume: The network processes around 200,000 daily transactions, reflecting its efficiency and widespread adoption for peer-to-peer transfers.
Whale Activity: Large holders, often referred to as "whales," have significantly increased their holdings, with a 103% net accumulation observed recently. This behavior suggests strong confidence in LTC's future performance among major investors.
Long-Term Holders (LTH) Behavior: Despite a 15% increase in market capitalization, some long-term holders have opted to liquidate portions of their holdings to secure profits. This activity indicates a dynamic market where both accumulation and profit-taking are occurring simultaneously.
In summary, Litecoin's on-chain metrics reveal a healthy and active network with significant participation from both regular users and large investors. The combination of high transaction volumes, active addresses, and strategic movements by major holders underscores a positive outlook for LTC.
