2026-01-19 23:23:19

Litecoin's recent market movement is quite interesting. It dropped 6.54% on January 19th, which looks pretty grim, but the story behind it is not that simple.

Last week, ETFs were still accumulating, with capital inflows of $2 million, but the trend was dragged down by Bitcoin falling from $94,000 to $92,000. The king of cryptocurrencies took a dive, and other mainstream coins found it hard to stay unaffected. However, institutional actions don't lie — open interest surged to $635 million, the highest level since July last year. At the same time, trading volume also exploded to $1.1 billion.

What’s most intriguing is the increasing scale of spot orders. Large investors are actively positioning themselves, clearly waiting for a rebound opportunity. Litecoin is currently trading around $70.21, with some buffer before reaching the key weekly support at $52. Based on open interest and trading activity, the bulls haven't given up yet.

LTC0,47%

BTC-1,69%

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HappyToBeDumped

· 7h ago

The king of coins took a nosedive and all are buried with it Big players are accumulating, while we're still chasing highs, hilarious ETF accumulation of 2 million is only equivalent to one BTC dip, the gap is truly speechless Unrealized profit of 635 million indicates gamblers are still holding on tightly, it's hard to predict how the market will move Support at 52 hasn't broken yet, it should hold in the short term, but don't be too optimistic Are rising spot orders a sign of bottom-fishing? Or are institutions诱多? Can't figure it out Can this rebound withstand the bulls' push to the end? Feels like it might crash again

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MEVHunterNoLoss

· 7h ago

The king of coins is doomed once it crashes, and this wave of LTC being affected is indeed a bit unfair. Institutions are still quietly accumulating, big players' moves don't lie, just waiting for a rebound. The 70-dollar level isn't really low, but the key is to see how Bitcoin's temperament turns out. Open interest contracts have exploded to over 600 million, this heat is quite intense.

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SatoshiLeftOnRead

· 7h ago

The king of coins crashing causes a chain reaction. LTC's recent drop is unjustified; it's not related to fundamentals at all. Major investors are still accumulating near $70. I think they are waiting for a rebound. $635 million in open contracts, indicating that trading activity hasn't cooled down, which shows that there are still people optimistic. Compared to the decline, I am more concerned about the ETF's accumulation detail; institutions really haven't withdrawn. Support at $52 is still there; it's not going to collapse. This kind of adjustment is actually an opportunity. Those holding positions, don't panic. An increase in spot orders suggests that a bottom consensus is forming.

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UncleWhale

· 7h ago

LTC has dropped again? Oh well, the big players are buying the dip. Looks like there's still hope.

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HalfPositionRunner

· 7h ago

The king of coins took a nosedive, and small coins are suffering along with it. This trick is getting old. Institutions are still accumulating; it's clearly a low-position ambush. Large investors won't deceive; optimistic about the subsequent rebound. What does the increase in spot orders indicate? Someone is bottom-fishing. At over $70, the price is still far from the key support level; the bulls haven't given up yet. This dip might be an opportunity to get in, but it depends on Bitcoin's direction. Institutional holdings hit a new high, indicating they still have confidence in Litecoin. Only brave traders are taking action now; when the rebound comes, there will be gains to be made.

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