Litecoin (LTC) gathered before other altcoins on signs of whale accumulation. The tokens are closely monitored for ETF inclusion and the Ministry of Finance’s construction activities.
Litecoin (LTC) has launched a breakout and is making profits outweighed other Altcoins. For now, LTC remains bound by range, but is expected to eventually increase to a higher price range.
The LTC reached a local peak of $117.47, but the volume has not yet been picked up. However, the token shows signs of a quiet whale accumulation. As of August 10th, the Litecoin network carried 334 whale transactions, more than $1 million.
It shows that a total of 1,000 LTC wallets have accumulated 181k coins and are ready to hold assets for long-term expansion. The LTC invited both whale and medium distance holders in anticipation of the final LTC ETF and the new Treasury reserves.
Grayscale files convert funds into ETFs
Grayscale is in the process of upgrading ETP to a full ETF. Currently, ETP is trading at a discount on crypto market prices.
ETP is relatively idle as mainstream interest in LTC remains low. LTCN The stocks rallied in the second half of 2024, but have not yet regained the premium. Recently submitted by Grayscale S-3 A form that converts previous products. Grayscale holds about 2m LTC in its trust, which could be the basis for the new ETF.
Additionally, anonymous whale wallets have stacked more than 36K of coins over the past week, making them the most active buyer. For now, there is no detailed tracking of LTC purchases or special Treasury entities.
LTC accumulates in large wallets, with people holding 10,000-100K coins controlling about 29% of the supply. An additional 26% of the supply is held in 100K-1M LTC wallets. Coins have multiple whales that can shake the market, which hold assets and create shortages.
Mei Pharma Rebrands to Lite Strategy
Mei Pharma is working with the Litecoin acquisition strategy, starting with a name change. Pharmaceutical Company According to Cryptopolitan, it has reformed its light strategy while retaining some of its pharma activities. The MEIPS ticker will also be replaced with LITS.
The ticker will change, but the assets will remain the same. $Meip is becoming $lits. pic.twitter.com/2oavc0iwts
– Light Strategy (@litestrategy) September 10, 2025
The former ticker was trading at around $3.11, close to last month’s low range. The company has already recovered after the initial $100 million Treasury announcement. The current Treasury holds 929,548 LTC, which was acquired for $107.58, earning a small premium following the recent market recovery.
LTC is one of the widely used assets and attracts users for payment, arbitration and mining. Coins have expanded mining rates for the past year, increasing by 200% over the past year 3 minutes.
But even after attempting to exist social media, Coin lacks the possibility of memes from previous bull markets. Nevertheless, LTC remains a robust proposition with a long history and increased rarity. LTC has already mined more than 76m of the total 84m.
