Litecoin jumps 8% in 24 hours as network moves 17M LTC worth $1B
- —LTC rose roughly 8% in 24 hours, trading near $66
- —Monthly gain of 37% is the strongest since November 2024
- —Over 17 million LTC worth about $1 billion moved on-chain in a day
- —That equals ~21.9% of supply; transfer purpose is undisclosed
Why it matters: LTC is outperforming bitcoin, which fell 3% over the same period, but without confirmation that the on-chain volume reflects real demand, the rally's durability is uncertain.
Source: TokenPost