#OnChainInsights Recent on-chain data indicates a significant uptick in Litecoin (LTC) activity, driven by increased whale accumulation and heightened transaction volumes.
Whale Accumulation: Large holders, often referred to as "whales," have notably increased their LTC holdings. Over the past week, there has been a 103% surge in net inflows from substantial holders, suggesting growing confidence in LTC's potential for further gains. This accumulation is a bullish indicator, as it implies that major investors are optimistic about Litecoin's future growth.