Litecoin Price Eyes $250 Breakout as Whales Invest $512M on ETF Hype

Litecoin price hit a 40-day peak of $136 on Wednesday, driven by whale demand and positive speculations from ETF applications. Will LTC bulls hold out for a $250 breakout?

Litecoin (LTC) Continues to Gain Momentum on ETF Hype

Litecoin (LTC) has experienced considerable upside in February 2025, defying downward pressure from macroeconomic headwinds. Speculation surrounding altcoin ETF approvals has been a key factor in driving up LTC prices.

This optimism was further reinforced after the SEC’s recent acknowledgment of Dogecoin (DOGE) and Ripple (XRP) ETF filings. As seen in the chart above, LTC price has reached a 40-day peak $136 on Feb. 19, rising by another 4% within the daily timeframe.

The ETF narrative continues to fuel Litecoin’s rally, as investors anticipate increased liquidity and accessibility through regulated investment vehicles.

Institutional Investors Enter $512M Buying Spree Ahead of ETF Launch

Positive sentiment surrounding Litecoin ETF approvals has drawn significant institutional attention in recent days, propelling LTC to a new 40-day peak on Feb. 19.

A closer look at on-chain data indicates that institutional investors have been aggressively accumulating LTC behind the scenes in anticipation of the ETF launch

On-chain analytics from IntoTheBlock’s Large Holder Netflow metric highlights a sustained accumulation trend among Litecoin’s largest whale addresses since the broader crypto market downturn began on Feb. 3, following Trump’s tariff announcement.

This metric tracks net balance changes in wallets holding at least 0.1% of Litecoin’s total circulating supply, offering insight into whale activity during critical market phases.

According to the data, Litecoin’s largest holders have maintained positive net inflows since Feb. 3. Over the past two weeks, these whale wallets have acquired a cumulative 4.68 million LTC, valued at approximately $512 million. Notably, Litecoin’s price has surged 42.3% since the buying spree began, climbing from lows of $98.42 on Feb. 4 to a 40-day peak of $136 on Feb. 19.

Why Is Litecoin Price Going Up?

Institutional accumulation suggests that major stakeholders are positioning ahead of a potential ETF approval. This level of sustained buying activity, despite broader market uncertainties, underscores the strategic interest in Litecoin among institutional players.

The persistent buying spree among whales suggests that institutional and high-net-worth investors continue to build LTC positions as the probability of an ETF approval increases. A few factors could drive further institutional accumulation as the launch date approaches, including fulfilling reserve requirements, regulatory compliance, and portfolio diversification strategies.

Institutional holders accumulating Litecoin may be looking to hold until the ETF is officially launched, capitalizing on the upside from euphoria.

Likewise, OTC desks, aiming to provide operational services for brokers and exchanges listing Litecoin ETFs, could also extend their holding periods, reducing short-term circulating supply. Evidently, this narrative has played a crucial role in Litecoin’s 42% price surge over the past 14 days.

If this accumulation trend continues, Litecoin’s price could extend its rally toward the highly anticipated $250 breakout level in the days ahead.

LTC Price Forecast: $150 Breakout Could Trigger Further Upside

Litecoin price forecast remains cautiously bullish as LTC approaches a critical resistance zone, bolstered by strong technical indicators. The recent rally has seen Litecoin climb 42.25% over the past 15 days, now trading at $135.90. This surge follows a bullish breakout from a consolidation phase, marked by a double-bottom reversal pattern. The upward trajectory has been accompanied by increasing trading volume, signaling strong market participation.

The Bollinger Bands show widening volatility, with LTC now testing the upper resistance at $139.58. A decisive breakout above this level could open the door to the psychological $150 target. Parabolic SAR dots beneath the price further validate the bullish trend, suggesting sustained upward momentum. Meanwhile, the RSI at 62.46 remains below the overbought threshold, indicating room for further gains without immediate correction pressure.

However, the bullish outlook faces risks. A failure to breach the $139.58 resistance could trigger a pullback toward the $117.19 mid-Bollinger level. If bearish pressure intensifies, Litecoin could revisit the Parabolic SAR support at $105.27. For now, maintaining price action above $130 keeps bulls in control, with $150 remaining a key upside target.