Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years

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Litecoin Conviction Remains Strong: More Than 20% Of Supply Frozen Since 5+ Years - NewsBTC

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Related Reading: Bitcoin Short-Term Holders Back In Green As Price Breaks $94,000 From the chart, it’s visible that despite their conviction, the 3 years to 5 years group does sell sometimes.“They tend to sell both into the next rally and during the following downturn,” notes the analytics firm.

Related Reading: Bitcoin Whales Back In Full Force’ For The Rally, Glassnode Reveals In the context of the current topic, not the entire LTH cohort is of interest, but rather two subdivisions of it: the holders carrying coins dormant since between three and five years ago, and those since more than five years ago.

Litecoin Has A Notable Part Of Its Supply Dormant For Years Now In a new post on X, the market intelligence platform IntoTheBlock has discussed about the trend in the supply of two Litecoin long-term holder cohorts.