Post
Topic
Board Altcoin Discussion
Re: BTC-E Trade Volume
by
Chronikka
on 05/04/2014, 14:49:00 UTC

What scares me about litecoin is that there's 27.2 million coins and 24.26% of them sit in two wallets, active at the last couple of days last year. Anything else means much less to me than that.
can you give that address? i'm very curious
if 25% in just 2 address, LTC is easy to manipulate in trading market

Its actually ~22% in 2 addresses. They both contain 3 Million Litecoin:

http://bitinfocharts.com/litecoin/address/Lb6wDP2kHGyWC7vrZuZAgV7V4ECyDdH7a6
http://bitinfocharts.com/litecoin/address/LgY8ahfHRhvjVQC1zJnBhFMG5pCTMuKRqh  

http://bitinfocharts.com/top-100-richest-litecoin-addresses.html

They are obviously owned by the same person. Its commonly believed to be the cold storage addresses for the very same BTC-E, but I'm not so sure of this.