Many cryptographic whales carefully look at Litecoin (LTC), with large accumulation models identified in the chain data. Recently, blockchain data showed an amazing 24 -hour volume on transactions of 115.18 million LTC with a total of 365,086 active addresses, and overall activity was also high.
As with activity, the Litecoin hashrate also reached a summit of all time (ATH) of 2.53 TH / S with prices of minors increasing – we can see the confidence of minors return with reasonable safety and incentives of healthy minors returned to the network in terms of productivity.
As such, the question remains in large investors, increases their SLD detention: will LTC reach $ 140 in 2025?
Whales could not shake the LTC much much
The increase in SLD prices to the objective of $ 140 is likely that Altcoin bounces from its recent drop compared to the local summit of $ 112 in February. The LTC price rallied before correcting, then bouncing again. It seems that the model is repeated because the price of the LTC is now ready to fight against resistance at $ 104.
Once the price of the LTC has overturned this level of resistance to support, there are no significant obstacles to interrupt the race at $ 140, which is the Fibonacci trace of 38.2% of the decline of the LTC compared to the summit in May 2021 from $ 413 to the bottom in June 2022 of $ 40.
Litecoin Chain data also shows tips, but no impact created
Understanding data on the chain shows important information concerning the feeling of investors and market activity. The information shared by Intotheblock profiled the metrics on the following chain:
- In money (profitable holders): 33.79% (25.81 m LTC or ~ 2.28 billion dollars)
- To money (holders of the profitability threshold): 8.74% (6.67 m LTC or ~ 590.54 million $)
- Out of money (loss holders): 57.47% (43.9 million LTC or ~ 3.89 billion dollars)
- Active addresses (for 30 days of change): + 7.5%
- Whale holdings (portfolios> 10K LTC): + 4.8% increase
- Whale transactions (> $ 100,000): increased by 22% last month
- Whale strategy: Whale portfolios holding 100K-1M LTC increased their assets by + 5.6%, which indicates their confidence in pricing.
Despite 57.47% SLD holders currently at a loss, the increase in Accumulation of whales and active addresses suggests a long -term upward perspective. Large transactions exceeding $ 100,000 have increased, indicating that institutional investors and cryptographic whales accumulate LTC at key support levels.
Will LTC reach $ 140 in 2025?
Increasing speculations surrounding the potential of an ETF Litecoin create a positive feeling around LTC. Previously, the news surrounding the approvals of the Bitcoin Spot ETF have sparked a bullish feeling that key cryptocurrencies such as Ethereum and Litecoin can follow because their approvals are deemed probable.
If Litecoin ETF was approved, this would allow regulated exposure of institutional investors, greater adoption of the crypto as an investment and an assessment of prices.
Historically, ETF approvals have led to the excitation and major price pumps, as seen in the approval of Bitcoin ETF which sparked a rally. If it is approved, there is a potential for building LTC on fundamental solids, and with whales accumulated by LTC, we could see the price pushing much more than $ 140.
Although there is no delay for approval due to another request for Crypto ETF and investment products, the long -term presence of Litecoin on the market may be good for approval.
The expected increase in prices, if an ETF is approved, could go far beyond $ 140, creating LTC as a room to monitor whether it is approved or not.
