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Litecoin jumps nearly 10% to $68.50 amid heavy short liquidations on Binance and others

Market News
24 Sep 2026
Tokenpost
View Source
Bullish
Litecoin jumps nearly 10% to $68.50 amid heavy short liquidations on Binance and others

Litecoin's price rose from $62.30 to $68.50 within four hours on September 24, marking a 9.95% increase. This surge occurred on Binance's LTC/USDT spot market, with Litecoin holding the 24th spot in market capitalization at about $5.18 billion. During the same period, liquidations totaling $200,000 were recorded across Binance, Bybit, and OKX, predominantly from short positions ($190,000), indicating strong short-covering activity. This price movement highlights increased buying interest and potential bullish momentum for Litecoin.

As of Sep 24, 2026 12:02 WIB, Litecoin on Pluang is priced at Rp1.221.246 with a 1-day gain of 7.27%. The market cap stands at Rp94.47 trillion, and trading volume over the past 24 hours is Rp15.44 trillion. Despite the recent surge noted in the article, Pluang data shows that 94% of orders are sell orders, with typical holding time around 78 days, indicating a cautious trading environment.

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