Litecoin Foundation: institutions continue to accumulate LTC, +1 million coins since August.
"Quietly", while everyone talks about "altcoins are dead", according to the Litecoin Foundation, public companies and investment funds have already accumulated 3.7 million LTC. This is about $302 million at the current estimate.
Currently:
- 10 public companies and funds have already disclosed their ownership of LTC.
- In the structure - both funds (including #Grayscale) and corporate reserves (#LiteStrategy, #Luxfolio, etc.).
- ETFs on Litecoin have been launched, simplifying access for traditional capital.
The key point is that from August 2025 they continue to show a consistent increase in positions. And this is based on the very challenging market results of October-November. The chart clearly shows - the volume of #LTC on balances is growing in steps, without panic sell-offs.
Globally, as can be seen, #LTC is still in accumulation after the last bear market low. It has its own, unique chart that differs from other altcoins. After breaking out of the large 'Bullish Wedge' formed from May 2021 to October 2022, the asset is trading in a wide range of 47.60-147.06$. Holding the global trend support.
Currently, the asset is trading in a stable downtrend on the daily timeframe with a crucial base target of 61.88$.
To talk about an attempt to break it - one needs to break through the trend resistance from the high of October 10.
At the same time, the 3-day and weekly timeframe for the asset remain in stable uptrends, and on the 3-day timeframe Litecoin has passed through two potential low marks. There is a chance not to delay exiting under the trend resistance.
Let’s remember, we opened our investment deal on this asset in August 2022 at a rate of 63$, and then on December 2, 2024, we closed half at +100%, at a rate of 126.01$. Now with the 'free' coins, we are waiting for the asset to exit this prolonged consolidation and attempt to reach the target of the 'Bullish Wedge' 358$.
