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Whales SellCoinGape
•Business
Business & Economics
60% Informative
On-chain data shows that Litecoin whales continued to dump the coin as its price dropped by almost 20% from its highest level this year .
The value of LTC may be at risk of a deeper dive after forming a double-top-like chart pattern on the daily chart.
On the positive side, Litecoin price has a potential catalyst in that the odds of a spot LTC ETF approval rose on Polymarket .
An LTCETF approval would likely lead to hype and potential inflows.
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