The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Cardano (ADA) and Litecoin (LTC) Whales Accumulating Aggressively, Says Crypto Analytics Firm Santiment

by Daily Hodl Staff
December 29, 2022
in Altcoins, Trading

A leading crypto analytics firm says deep-pocketed whales are quickly accumulating Cardano (ADA) and Litecoin (LTC).

Santiment says Cardano is likely undervalued given how much whales and sharks are grabbing it up.

“Is Cardano severely undervalued at this point? One of santimentfeed’s key community members certainly sees data making this case, such as sharks and whales (holding 100,000 to 10 million ADA) accumulating aggressively these past six weeks.”

Source: Santiment/Twitter

Per Santiment, there is a divergence between the price of ADA and the volume of accumulation, signaling bullish sentiment.

“I see a divergence between price and whales activity. BULLISH.”

The selling of ADA is also tapering off.

“There are signs of exhaustion of sellers. On every big price decrease there are less and less coins moving at a loss. BULLISH.”

Image
Source: Santiment/Twitter

According to Santiment, a volume gap on the daily chart could signal an upward swing.

“We are near the area of filling the volume gap. We may expect some serious buying at those levels. BULLISH.”

Image
Source: Santiment/Twitter

At time of writing, ADA is changing hands $0.247.

The Santiment analysis of Litecoin found that the price ratio of the Bitcoin (BTC) alternative is still increasing against the king asset. The price ratio against Bitcoin is the amount of Litecoin it takes to purchase one Bitcoin. The ratio increase coincides with an increase in large holders and addresses.

“Litecoin’s price ratio vs. Bitcoin remains up big since large addresses began popping up at historic rates starting in May. Since June 12th, the LTC / BTC price ratio is up plus-130%. The network just hit the most 1,000-plus LTC addresses in two years.”

Image
Source: Santiment/Twitter

Litecoin is valued at $66.17 at time of writing.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • LILPEPE Enters Fifth Presale Phase Following Rapid Sell-Out of Stage Four
    July 9, 2025
  • MultiBank Group Announces Early Access Waitlist for Pioneering MBG Token
    July 9, 2025
  • Status Unveils First Gasless L2 on Linea With 100% Community Yield Allocation Mechanism
    July 9, 2025
  • NEXBRIDGE and NEXPLACE Raise $8M Series A to Launch Integrated Bitcoin Capital Markets Ecosystem
    July 9, 2025
  • Little Pepe Becomes the Hottest Meme Coin of 2025 After Raising Over $4.5M in Presale
    July 9, 2025
  • G-Knot Appoints Fintech, Crypto Veteran Wes Kaplan as CEO To Launch the First Finger Vein Biometric Wallet
    July 8, 2025
  • GUNZ Announces GUN Token Expansion to Solana
    July 7, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$109,095.23
$109,095.23
0.74%
Ethereum
$2,655.26
$2,655.26
3.5%
BNB
$662.95
$662.95
0.71%
Solana
$154.01
$154.01
2.73%
XRP
$2.38
$2.38
4.12%

Spotlight

  • Rich Dad Poor Dad Author Buys More Bitcoin, Touts $1,000,000 BTC Price Prediction
    July 2, 2025
  • Scammers Drain $20,000 From Billion-Dollar Bank Customer Who Took Out Loan for Business Purposes: Report
    July 2, 2025
  • Markets Will Choose US-Regulated Stablecoins Over CBDCs ‘All Day, Every Day,’ Says Treasury Secretary Scott Bessent
    July 2, 2025
  • Trader Issues Bitcoin Warning, Says Only ‘Small Sliver’ of Time Left in Bull Market – Here’s His Timeline
    July 2, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl