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Litecoin's low average holding of 8.785 LTC per funded address tells a massive story. It means the network is highly distributed among everyday users and working exactly as peer-to-peer money should: low concentration, massive velocity, and unrelenting real-world circulation.
BTC and alts are going to be hit hard this week.
Expecting a 10+% drop
Mass liquidation event again
They didn't take from the market for some time
Funny thing that this is happening just after ANSEM coin and mass KOL memecoin creation
Time for ugly market 😔