Litecoin whale transactions hit a 5-week high during a brutal 11% selloff | Credit: Hameem Sarwar
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Key Takeaways
Litecoin’s price broke below $75, dropping to around $72.
LTC Whales sold heavily as exchange inflows increased.
The bearish channel persists, with $70 as the next support level.
Litecoin’s (LTC) price is facing a significant technical crisis after collapsing below the crucial $75 psychological floor.
Now trading near $72.14, the cryptocurrency has shed about 11% in the last seven days. This makes it one of the worst-performing top-40 altcoins.
Specifically, a massive exit of large holders precipitated the move, leaving the technical structure in its most fragile state since late 2025.
So, what’s next for Litecoin’s price?
Litecoin Whales Offload More Coins
The primary catalyst for today’s breakdown was a sudden surge in whale-tier activity.
On-chain data from Santiment revealed that on Jan. 15, Litecoin recorded 503 whale transactions (valued at $100,000 or more), the highest count in over five weeks.
Unlike the accumulation seen in early January, this spike coincided with a sharp price decline, suggesting that large entities are liquidating amid the current market weakness.
A closer look at the chart shows that whales that hold 1 million to 10 million reduced their exposure from 7.76 million to 6.68 million over the last three days.
At press time, this is worth nearly $77 million. Should this trend continue, Litecoin’s price will likely struggle to overcome the recent bearish trend.
Besides that, Litecoin’s exchange flows are sending a caution signal.
Higher Distribution Follows the Trend
Exchange outflows have slowed sharply, while inflows have picked up. That shift usually means holders are moving LTC back onto centralized platforms, where selling is easier and faster.
If larger wallets are leading this move, it can reflect “smart money” preparing to take profits into strength, especially as LTC’s price approaches a psychologically important zone like $70.
As those coins hit exchanges, the available supply increases, which can trigger a pullback if buy-side demand does not absorb the added liquidity.
From a technical angle, the daily chart shows Litecoin’s price remains trapped inside a descending channel, which keeps the broader structure bearish.
Furthermore, the price has also lost a key level. Specifically, LTC has dropped below the $80.21 psychological support level, which signals that the setup has weakened further.
At the same time, the Awesome Oscillator (AO) has fallen to its lowest level since Dec. 28, confirming that bearish momentum is still expanding.
More importantly, LTC has fallen below the 20-day Exponential Moving Average (EMA).
When the price trades under this moving average, it signals that sellers control the short-term trend, and rallies may face quick rejection.
If these conditions persist, Litecoin’s price could drift lower toward $69.91 in the coming days. However, the outlook changes if large holders step in and accumulate aggressively.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
