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September 10, 2025Cryptopolitan logoCryptopolitan

Whales scoop another 181K LTC in days, on expectations of a new ETF by Grayscale

Litecoin (LTC) rallied ahead of other altcoins on signs of whale ￰0￱ token is closely watched for ETF inclusion, as well as treasury-building ￰1￱ (LTC) is starting a breakout, with gains surpassing other ￰2￱ now, LTC remains range-bound, but with expectations for an eventual hike to a higher price ￰3￱ gained to a local peak of $117.47, though trading volumes are yet to pick ￰4￱ token, however, is showing signs of silent whale ￰5￱ of August 10, the Litecoin network carried 334 whale transactions valued at over $1M. A total of 1,000 LTC wallets accumulated 181K more coins, showing a readiness to hold the asset for long-term ￰6￱ has invited both whales and mid-range holders in expectation of an eventual LTC ETF, as well as new treasury ￰7￱ files to transform its funds into ETFs Grayscale is in the process of upgrading its ETP into a full ETF.

Currently, the ETP is trading at a discount against the price on crypto ￰8￱ ETP is relatively idle, as mainstream interest in LTC remains ￰9￱ LTCN shares rallied in late 2024, but are yet to regain their premium. Recently, Grayscale filed an S-3 form to transform its previous ￰10￱ holds around 2M LTC in its Trust, which may become the basis for the new ETF. Additionally, an anonymous whale wallet loaded up over 36K coins in the past week, becoming the most active ￰11￱ now, there is no detailed tracking of LTC purchases or special treasury ￰12￱ has been accumulating into large wallets, with those holding 10,000 to 100K coins controlling around 29% of the ￰13￱ 26% of the supply is held in wallets with 100K to 1M ￰14￱ coin has multiple whales with the potential to sway the market, or hold onto their assets to create ￰15￱ Pharma rebrands to Lite Strategy MEI Pharma is moving along with its Litecoin acquisition strategy, starting with a name ￰16￱ pharmaceutical company rebranded itself to Lite Strategy, while retaining some of its pharma activity, Cryptopolitan ￰17￱ MEIPS ticker will also be replaced by ￰18￱ ticker changes, but the asset will remain the same. $MEIP is becoming $LITS.

pic. twitter. com/2Oavc0iwTs — Lite Strategy (@LiteStrategy) September 10, 2025 The former ticker still traded at around $3.11, near the lower range for the past ￰19￱ company already rallied after the initial $100M treasury ￰20￱ current treasury holds 929,548 LTC, acquired at $107.58, with a slight premium following the recent market ￰21￱ remains one of the widely used assets, attracting users for payments, arbitrage, and ￰22￱ coin expanded its mining rate for the past year, growing by 200% for the past year to 3 PH/s . However, the coin lacks the meme potential from previous bull markets, even after its attempts at social media ￰23￱ this, LTC remains a solid proposition with a long history and growing ￰24￱ has already mined over 76M coins, out of the total ￰25￱ $50 free to trade crypto when you sign up to Bybit now

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