remains to sell 181000LTC without losses, I think
Post
taxpayerfromUA
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Experts from Santiment reported an increase in on-chain activity around Litecoin $LTC . According to their data, on September 9, 2025, over 1000 addresses purchased 181,000 LTC with a total value of approximately $2 million.
The likely reason for this activity was attributed by experts to positive news regarding ETFs and institutional interest in the asset.
In particular, Grayscale Investments submitted Form S-1 to the U.S. Securities and Exchange Commission regarding the creation of an ETF based on Litecoin.
Additionally, the pharmaceutical company MEI Pharma (which changed its name to Lite Strategy) announced the purchase of 929,548 LTC for over $100 million. The average entry price was $107.58 per coin. The funds will be used as part of the corporate treasury.
The likely reason for this activity was attributed by experts to positive news regarding ETFs and institutional interest in the asset.
In particular, Grayscale Investments submitted Form S-1 to the U.S. Securities and Exchange Commission regarding the creation of an ETF based on Litecoin.
Additionally, the pharmaceutical company MEI Pharma (which changed its name to Lite Strategy) announced the purchase of 929,548 LTC for over $100 million. The average entry price was $107.58 per coin. The funds will be used as part of the corporate treasury.