Whales Bet Big on Litecoin: 181K Coins in 24H, But Why?

Juhi Mirza
Litecoin
Source: Cryptopolitan.com

Litecoin has become one of the leading assets in the cryptocurrency market as of late. The token has become a center of massive whale momentum and activity, sparking new price pathways for the token to bank on. The latest Litecoin news consists of new whale momentum sweeping the token off its floor. Will this surge in whale activity signal a massive price push for the token in the near future? Why are whales interested in LTC at the moment? Let’s find out.

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Whale Activity and Litecoin: What’s Happening?

Litecoin cryptocurrency
Source: The Coin Republic

As per the latest Santiment update, Litecoin has emerged as one of the latest crypto whale attractions. Nearly 181K Litecoin tokens have been scooped up by whales in the last 24 hours, signaling a massive shift in the crypto market scene. Litecoin has been garnering attention as of late due to its buildable ETF momentum. Nearly 1K wallets were noted, adding 181K Litecoin tokens. This fuel has come primarily due to the latest Grayscale ETF filing, helping the token ascend to new bullish highs.

Moreover, LTC is also surging due to MEI Pharma’s latest move. The company has purchased $100M worth of Litecoin tokens for its treasury, making Litecoin an impactful cryptocurrency token to speculate on for interested crypto investors. Furthermore, the company has rebranded itself as Lite Strategy, showcasing its market intent openly, driving attention towards the token holistically.

Santiment noted the change, adding how the latest LTC surge is the result of Grayscale and MEI Pharma’s latest move towards the asset.

“Litecoin has jumped ahead of other altcoins as 1K+ $LTC wallets added 181K more coins to their wallets yesterday, likely reacting to bullish news. Grayscale’s ETF filing and MEI Pharma (now Lite Strategy) securing $100M in LTC for its treasury.”

What’s in the Future for Litecoin: Price Perspective

According to CoinCodex LTC data, the token is currently sitting at $116, targeting a new high of $133 by the end of this month.

LTC STATS
Source: CoinCodex

“According to our current Litecoin price prediction, the price of LTC may rise by 14.26% and reach $133.02 by October 11, 2025. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 54 (neutral). LTC recorded 14/30 (47%) green days with 4.43% price volatility over the last 30 days.”

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