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Home/News Feed/Litecoin whale wallets grow 7% amid weak market; LTC trades $40-$44, eyes $50 if LitVM demand rises
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Litecoin whale wallets grow 7% amid weak market; LTC trades $40-$44, eyes $50 if LitVM demand rises

Market News
13 Jun 2026
AMBCrypto
View Source
Neutral
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Litecoin's largest holders, known as whales and sharks, have increased their wallets by 7% over five months despite the altcoin's price weakness, which has been stuck between $40 and $44. This accumulation signals potential market strength, supported by steady daily active addresses and rising demand driven by LitVM's smart contract capabilities. However, Litecoin remains in a strong downtrend with bearish indicators, suggesting possible continued sideways trading unless LitVM speculation boosts prices above $44 toward $50. The growing whale activity and supply scarcity could underpin a future rebound if market conditions improve.

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