A remarkable 78% of Litecoin ($LTC) addresses have held their coins for over a year, indicating strong commitment among investors.
Historically, long-term holders of Litecoin accumulated during bearish phases and sold near peak prices, but the decrease in long-term holdings this cycle is less pronounced.
This suggests that many investors remain optimistic about Litecoin's potential for further price growth.
Litecoin's stability, consistent development, and growing maturity among investors position it as a leading player in the crypto space.