The Litecoin network has witnessed 41 wallets containing an exact amount of 300,000 LTC each come into the rich list recently. The wallets, in total, hold a whopping 12.3 million LTC, which is 20.69% of the total coins in circulation.
The addresses seen on the rich list show deposits between November 30 to December 01, 2018, and the total amount of LTC, comes to a net worth of $381.3 million, with $31 per LTC, at the time of transfer. These 41 wallets together hold 20.8% of the market cap for Litecoin.
As a result of this, the Litecoin Network witnessed more than 60% of its market cap moved in just one-day.
For possibilities of the unusual movement, click 'Read More.'
CoinNess.com Market Index: LTC, $29.80, -2.44%.