Litecoin Profitability Reaches New Highs
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According to intotheblock, over 60% of Litecoin (LTC) holders are currently in profit, marking the highest level since April. This profitability increase suggests that many investors who purchased LTC in 2021 and are still at a loss may choose to sell as they reach breakeven points, potentially creating resistance. The question remains whether Litecoin can overcome this resistance and achieve new highs in the current cycle.
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