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Litecoin (LTC) millionaire addresses increase ahead of halving; Santiment points to a potential rally with whale accumulation. 
In a recent tweet,&nbsp; <a class="editor-rtfLink" href="https://thecryptobasic.com/2023/06/05/santiment-xrp-ada-and-shib-highly-undervalued-among-potential-gainers/" target="_blank" rel="noopener">Santiment </a>, a prominent market intelligence platform specializing in on-chain and social metrics for over 2,500 cryptocurrencies, shared an exciting update about the Litecoin (LTC) ecosystem. 
The platform revealed that the number of millionaire addresses for Litecoin (LTC) is consistently increasing, adding to the anticipation building up as the halving event looms closer.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Litecoin</a> <a href="https://twitter.com/hashtag/millionaire?src=hash&amp;ref_src=twsrc%5Etfw">#millionaire</a> <a href="https://twitter.com/hashtag/halving?src=hash&amp;ref_src=twsrc%5Etfw">#halving</a> <a href="https://twitter.com/hashtag/4thofJuly?src=hash&amp;ref_src=twsrc%5Etfw">#4thofJuly</a> <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$LTC</a> <a href="https://twitter.com/hashtag/whale?src=hash&amp;ref_src=twsrc%5Etfw">#whale</a> <a href="https://t.co/L7MEhgPrTU">https://t.co/L7MEhgPrTU</a> <a href="https://t.co/83wc2zkiCC">pic.twitter.com/83wc2zkiCC</a> 
 <a href="https://twitter.com/santimentfeed/status/1676645794089439233?ref_src=twsrc%5Etfw">July 5, 2023</a> 
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
The tweet, accompanied by an image illustrating the performances of LTC addresses holding above 10k, acknowledged a price correction during the 4th of July break. However, Santiment suggests another rally might be on the horizon, fueled by substantial whale accumulation ahead of the halving event on the LTC network. 
Additionally, the market chart from the data analytic firm shows that 32 more addresses holding over 10k LTC have popped up in the past five months. This brings the total address to 580, representing an over 6% increase.&nbsp; A look at the charts shows that this rapid surge can be attributed to addresses holding between 10,000 to 100,000 LTC. 
<figure id="attachment_51705" aria-describedby="caption-attachment-51705" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-medium wp-image-51705" title="Litecoin LTC 161514 06 Jul 2023" src="https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-600x203.png" alt="Litecoin LTC 161514 06 Jul 2023" width="600" height="203" srcset="https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-600x203.png 600w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-1024x347.png 1024w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-768x260.png 768w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-1536x520.png 1536w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023.png 2048w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-150x51.png 150w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-300x102.png 300w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-696x236.png 696w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-1068x362.png 1068w, https://thecryptobasic.com/wp-content/uploads/2023/07/Litecoin-LTC-161514-06-Jul-2023-1920x650.png 1920w" sizes="(max-width: 600px) 100vw, 600px">
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 Santiment
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<a href="https://thecryptobasic.com/2023/07/06/litecoin-millionaire-addresses-surge-ahead-of-halving-with-potential-bullish-rally-in-sight/">Read more</a>

Litecoin Millionaire Addresses Surge Ahead of Halving with Potential Bullish Rally in Sight

TheCryptoBasic

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