60% of Litecoin Holders in Profit Despite More Short Positions Than Long Positions

As of May 22, 60% of Litecoin (LTC) holders were in profit, with 50.55% of the total supply held by retail investors, according to data from IntoTheBlock. The LTC network also experienced a surge in transactions of more than 397%. Despite higher short positions than long positions at press time, LTC has seen impressive growth this year, with the halving approaching and LTC20 assets picking up.

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