Litecoin Whale Activity Spikes as LTC Eyes Breakout Past $100

Litecoin (LTC) has witnessed a surge in on-chain activity, fueled by increased whale transactions. Data from IntoTheBlock shows a 4% spike in large transactions—each over $100,000—in the past 24 hours. A staggering 107 million LTC was moved, totaling a value of $9.99 billion, suggesting renewed interest from high-net-worth investors.

The reason behind this sudden whale activity remains unclear, but it is often seen as a bullish signal. Whales may be repositioning their portfolios, taking profits, or anticipating a potential breakout. As of now, Litecoin is trading at $94.10, up 0.7%, yet still facing strong resistance near the $100 mark—a psychological and technical barrier it hasn’t surpassed since mid-March 2025.

Despite the whale-driven activity, overall LTC trading volume has dipped by nearly 15% to $414.5 million, hinting at cautious sentiment among retail investors. Still, analysts view the current price action as part of a consolidation phase, possibly preceding a breakout. If LTC breaches the $100 level, it could trigger a rally toward the $130–$200 range.

Adding to the bullish sentiment is the growing buzz around crypto ETFs. Industry figures like ETFStore President Nate Geraci suggest Litecoin could be next in line for regulatory consideration, potentially driving future demand.

As Litecoin celebrates historic network uptime and increasing whale interest, market watchers are keeping a close eye on whether LTC can break through its $100 resistance and ignite a fresh rally in 2025.