Crypto Whales Net Millions in LPT Token Profits Amid Price Volatility and Bullish Forecasts
• Crypto whale profits over $1.5 million trading Livepeer (LPT) tokens, buying early and selling after 140% price surge
• Another LPT whale nets $3.5 million in profits according to blockchain analytics firm LookOnChain
• Recent LPT price volatility caused by whales depositing tokens into exchanges, possibly to sell portions of holdings
• Despite 11% LPT token price drop in last 24 hours, analysts remain bullish with $64.70 target, 369% above current levels
• Livepeer plans to add generative AI video capabilities, further boosting platform usage and token demand