#WalletActivityInsights Wallet activity analysis helps determine market trends based on on-chain transactions. When the number of new wallets created increases, it shows growing interest in a coin. If the amount of LTC withdrawn from exchanges to personal wallets increases, it may be a sign of long-term accumulation, pushing the price up. Conversely, deposits of LTC to exchanges are often associated with selling pressure. Tracking the activity of large wallets, especially whales, can help investors make better trading decisions
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