So, here’s the scoop: some poor souls have been clutching onto their Litecoins like they’re precious family heirlooms, not moving a single coin for over five years. Yeah, five freakin’ years. I mean, what are they, allergic to selling? 🤷♂️
Litecoin? More Like Lite-Hoarding
According to some fancy market brainiacs at IntoTheBlock—who spend their days staring at charts and pretending it’s exciting—there’s a hardcore group called “long-term holders,” or LTHs if you wanna sound cool at parties. These folks are basically the cryptocurrency equivalent of that guy who refuses to delete emails from 2003.
These LTHs are divided into two camps: those who’ve been holding since roughly 3 to 5 years ago, and those diamond hands who haven’t blinked for over five years. The latter? The absolute legends of stubbornness. You’d think they’d at least move a coin for a bathroom break.
Here’s a nifty little chart the nerds shared:
Notice those red boxes? That’s when the 3-5 year holders bulked up their stash during the last bull run, like squirrels prepping for winter. Now, before you get confused, that spike doesn’t mean they’re hoarding right now, it means they bought a while back and matured like fine wine—or maybe expired milk, who knows.
When they sell? Oh, that resets the clock, kicking them out of the “cool kids” club. And yes, the 3-5 year gang does cave sometimes. They sell during the next rally or the downturn—basically whenever the market mood swings like a bad date.
But the over-5-year crowd? Nah, those folks just keep on chilling, accumulating even more Litecoin, like it’s their hobby. They control over 20% of all Litecoin coins out there. Twenty freaking percent! That’s not holding, that’s hoarding level: expert mode. 💎🙌
LTC Price Update (Because You Care… Or Don’t)
Litecoin popped up by a solid 9% last week, now cruising at $83. Not bad for an old-timer, right? It’s like that one guy at the party who’s been awkwardly standing in the corner but suddenly starts dancing.
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2025-04-25 13:18