Litecoin Sees a 100% Rise in Large Transactions as Accumulation by Whales Continues

Litecoin records 100% increase in large transactions as whales get busy LTC $LTC Crypto LitecoinFam

. At its present price, LTC is down 68.60% from all-time highs of $412 reached on May 10, 2021. According to, Litecoin presently ranks 21st largest after it fell out of the top 10 following its recent declines.

In January, the Litecoin Foundation, the nonprofit behind technical development and community management, announced the activation of the Mimblewimble Extension Block upgrade after years of development. It had announced that Litecoin's MWEB—Mimblewimble Extension Block upgrade—will be included as part of the Litecoin Core 0.21.2 release candidate, which also includes the security and privacy-enhancing Taproot upgrade.

We are working hard towards a final Litecoin Core 0.21.2 release, but we might need to do a RC6 release before that. Once we've released the final code, we will make another push to get more MWEB signaling. In the meantime, help us continue to test MWEB transactions on testnet.

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