Major Altcoin Dip Creates Buying Opportunity for Whales: Massive Purchases Made in Cryptocurrency Market!
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- Crypto whales continue to purchase large amounts of Litecoin (LTC) despite recent price drops.
- The altcoin that has caught the attention of whales this time is Litecoin, according to data from Santiment.
- An anonymous crypto analyst pointed out that despite the price drop, whales have been buying large amounts of LTC.
Despite a recent dip in prices, crypto whales are showing increased interest in Litecoin (LTC), purchasing large amounts of the altcoin. This counter-trend behaviour suggests a potential long-term bullish trend among major stakeholders.
Whales Continue to Buy Litecoin
According to data from Santiment, an anonymous crypto analyst has highlighted that crypto whales, or large-scale investors, have been buying large amounts of Litecoin (LTC) despite the recent drop in prices. This was particularly evident between April 28 and May 4, when 100,000 LTC purchases were made.
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