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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
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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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