Litecoin Soars Over $118 Amid Whale Activity and ETF Hopes
Litecoin broke past the $118 barrier on September 10, 2025, marking a important stride in its recent rally.This surge was driven by substantial buying activity, particularly from large investors, along with growing interest in a potential exchange-traded fund (ETF).
The digital coin had experienced strong resistance around $113-$115 but finally managed to push through. At reporting time,it reached an intraday peak of $118.73. This performance made Litecoin one of the standout gainers among major cryptocurrencies.
Why did Litecoin jump? On-chain data analytics firm Santiment revealed that large “whale” wallets started stockpiling over 181,000 Litecoin on september 9. These big fish accounts each hold over 1,000 LTC.
- Whales added substantially to their Litecoin holdings.
- Grayscale applied for a Litecoin ETF, signaling institutional interest.
- A U.S.-listed company named Lite Strategy embraced Litecoin as a core asset.
Grayscale,a prominent crypto asset manager,submitted an request to offer a Litecoin ETF on the NYSE arca. They believe this could provide easier access to Litecoin for traditional investors.
Lite Strategy, formerly MEI Pharma, joined forces with Litecoin’s creator, Charlie Lee. The firm plans to allocate $100 million to developing Litecoin-based financial strategies, further spotlighting the coin.
This combination of factors suggests a bright future for Litecoin, drawing attention from both technical analysts and mainstream investors.
