40M Litecoin havent moved in more then a year.

More then half of the total Litecoin in curculation have been sitting for the past year in wallets unused.

Most of them have been put in the end of 2018 and never been moved since then. More then 1/4 of this coins (around 12M) are in Coinbase wallet (stored for there customers). That means the rest 28M Litecoins are held in some other private wallets and somebody is hoarding them for the past 1 year without using them.