Recently, Bitcoin.News delved deep into the major XRP wallets, having checked out the leading tether, Ethereum, and Bitcoin addresses only the month prior. Then, what’s next on the radar? A detailed exploration of the major LTC (litecoin) wallets, simply standing out from around 7.14 distinctive LTC-holding addresses.
Typically dubbed as the “silver to Bitcoin’s gold,” LTC operates on a standard proof-of-work blockchain exchange, boasting a history spanning twelve years.
The Powerhouses Of Litecoin: Which Wallets Actually Reign Supreme?
Only recently, LTC celebrated twelve years since its launch on 3rd October 2011 by Charlie Lee. This digital currency network recently experienced its 3rd rewards halving, leading miners to pocket around 6.25 LTC for every single mined block.
As of 15 October 2023, accompanied by a market cap of approximately 4.45 billion dollars, Litecoin sits as the fifteenth powerhouse in the realm of cryptocurrency. Currently, almost 73,762,420 Litecoins happen to be in circulation, reaching their maximum cap of 84,000,000 LTC.
Over this twelve-year journey, around 7.14 million distinctive Litcoin addresses actually hold LTC. Interestingly, the major ten wallets are the ones controlling 12.67% of the existing stash. The ruling champM8T1B actually possesses an absolutely staggering 2,504,667 LTC, which makes up 2.98% of the total coins.
The next one happens to be ltc1q, accompanied by 2.65% of the total LTC pile, which translated to around 2.22 million tokens. Similarly, MQd1f occupies the third position with 1.34 million coins, which is barely 1.6% of the slice. Meanwhile, ltc1q is situated in the fourth spot, boasting a 1.31% chunk or 1.09 million LTC.
If you dive deeper into Litecoin’s hierarchy, then you will come across ten wallets subsequently possessing almost 3.74% of the total supply, accompanied by the leading twenty wallets securing about 16.41%. Additionally, the actual upper echelon of fifty LTC wallets happens to govern about 27.14% of the total LTC. Plus, the top hundred wallets amassed 37.64% collectively. From the huge pool of 73.76 million LTCs, these top hundred wallets actually command around 27 million tokens.