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Litecoin Price Forecast: $500M Whale demand could revive LTC rally as Franklin Templeton triggers sell-off
Litecoin price hit $128 on Thursday, retracting 5% from the 30-day peak of $140 recorded after the US SEC’s confirmation of Bitwise’s LTC ETF filing.
Whales have acquired $500 million worth of LTC in the last 14 days, with institutional players making strategic moves.
Rising average transaction size signals increased whale presence, which could provide buffer against volatility amid profit-taking