【CryptoWorld】Litecoin plunges 6.54% today, falling to around $70.21. The pressure comes from Bitcoin’s significant correction—dropping from $94,000 to around $92,000, with obvious ripple effects. However, the story here is not over yet.
Market liquidity continues to speak: last week, ETF net inflows reached $2 million, indicating that institutional enthusiasm remains strong. More notably, open interest surged to $635 million, the highest since July 2025. Trading volume also strengthened, with daily turnover surpassing $1.1 billion.
What are the big players doing? Spot order sizes are continuously increasing, suggesting that whales are quietly positioning. What are these smart money waiting for? Most likely, they are waiting for a rebound window. However, Litecoin is now approaching the key weekly support at $52. If it breaks below, it could face new tests ahead. There are no signs of institutional retreat, but short-term bottom confirmation still requires time.
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PrivacyMaximalist
· 8h ago
Just fall if you want to fall. A surge in the contract indicates someone is bottom-fishing. Breaking below $52 is the real test. Now is the time to wait for the big players to make their move.
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0xSunnyDay
· 8h ago
Institutions are still increasing their positions. This wave of decline feels like a trap to shake out the weak hands.
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GameFiCritic
· 8h ago
The drop is quite sharp, but based on the contract data, these institutions clearly haven't decided to withdraw yet. The question is—can the 52 line really hold? It feels like gambling on whether the house's patience is that strong.
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FOMOmonster
· 8h ago
It's Bitcoin causing the crash again. Those who are optimistic about Litecoin's rebound, don't worry—big investors are still quietly buying up.
Litecoin drops 6.54% Institutions remain bullish Unclosed contracts hit a yearly high
【CryptoWorld】Litecoin plunges 6.54% today, falling to around $70.21. The pressure comes from Bitcoin’s significant correction—dropping from $94,000 to around $92,000, with obvious ripple effects. However, the story here is not over yet.
Market liquidity continues to speak: last week, ETF net inflows reached $2 million, indicating that institutional enthusiasm remains strong. More notably, open interest surged to $635 million, the highest since July 2025. Trading volume also strengthened, with daily turnover surpassing $1.1 billion.
What are the big players doing? Spot order sizes are continuously increasing, suggesting that whales are quietly positioning. What are these smart money waiting for? Most likely, they are waiting for a rebound window. However, Litecoin is now approaching the key weekly support at $52. If it breaks below, it could face new tests ahead. There are no signs of institutional retreat, but short-term bottom confirmation still requires time.