Litecoin Market Dive Amid Whale Sell-Off; Breakout Potential Remains

Litecoin (LTC) is experiencing a price drop following the offloading of 300,000 LTC by an unknown whale investor on Binance. The sudden transfer, valued at around $24.5 million, coincides with the cryptocurrency’s decline to $82. Concerns about sell-pressure are rising among investors and traders. While the move highlights potential market uncertainty, the long-term outlook remains positive for Litecoin, with market analyst Crypto Patel predicting a breakout above $65 in the near future.