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Litecoin whale addresses drop to 2022 lows as Grayscale files to list Litecoin Trust as ETF

Technical Signals
13 Sep 2026
Blockonomi
View Source
Neutral
Litecoin whale addresses drop to 2022 lows as Grayscale files to list Litecoin Trust as ETF

Litecoin whale addresses holding $1M-$10M and above $10M have decreased to levels last seen at the 2022 market bottom, signaling reduced large-holder activity during this market phase. On-chain analyst Joao Wedson notes this contraction resembles past periods of market stress but does not confirm a market bottom. Meanwhile, Grayscale has filed with the SEC to convert its Litecoin Trust into a listed ETF, to be traded on NYSE Arca under the ticker $LTCN, offering a regulated way for investors to gain Litecoin exposure. These developments highlight cautious large-holder behavior alongside ongoing institutional interest in Litecoin.

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