Litecoin (LTC) surged 16% to $101.06, marking a three-month high, driven by increased whale accumulation and record on-chain volume. The number of wallets holding over 100,000 LTC rose by 6%, with seven new whales entering the market. On-chain volume reached an unprecedented $15.1 billion, while spot ETF inflows totaled $640,000.
The price breakout from a prolonged bearish channel positions Litecoin to target $109.09, with $119.21 as a potential next level. However, a close below $100 could lead to a retest of the $92.74 support level.
Litecoin Jumps 16% as Whale Activity and On-Chain Volume Hit Records
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