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Litecoin whales have embarked on an accumulation spree as the upcoming halving event approaches .&nbsp;&nbsp; 
Among whales, there has been a growing adoption of Litecoin (LTC), the 12th-largest cryptocurrency by market valuation. In a tweet yesterday, prominent crypto analyst Ali Martinez noted that top market whales have accumulated huge amounts of LTC.&nbsp; 
Citing data from Santiment, Martinez said these whales purchased more than 590K LTC in 48 hours. Martinez added that the tokens were worth $59 million at the time of the report. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <a href="https://twitter.com/hashtag/Litecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Litecoin</a> <a href="https://twitter.com/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$LTC</a> <a href="https://t.co/RtHpuzSkFt" rel="noopener noreferrer nofollow">pic.twitter.com/RtHpuzSkFt</a> 
 <a href="https://twitter.com/ali_charts/status/1681437953569226752?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 18, 2023</a> 
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
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According to the Santiment data shared by Martinez, the latest accumulation spree involved whales holding between 100K to 1M Litecoin.&nbsp; 
<h2 id="span-style-font-weight-400-growing-adoption-ahead-of-halving-span">Growing Adoption Ahead of Halving&nbsp; </h2> 
It is worth noting that the LTC accumulation spree suggests growing confidence in the coin. As reported, the number of millionaire addresses holding LTC surged tremendously earlier this month. 
Interestingly, this massive accumulation shows that crypto whales are preparing for a price surge ahead of Litcoin’s halving event. Litecoin’s halving is scheduled to occur by around August 2, 2023. ... 
<a href="https://thecryptobasic.com/2023/07/19/litecoin-whales-accumulate-59m-ltc-ahead-of-upcoming-halving-event/" rel="noopener noreferrer nofollow">Read more</a>

Litecoin Whales Accumulate $59M LTC Ahead of Upcoming Halving Event

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