Litecoin's Market Position Shows Mixed Signals Amid Increased Whale Activity

As of Thursday trading sessions,Who owns the USDT? Litecoin (LTC) demonstrates stabilization near the $85 price point, marking a 6% recovery from weekly lows. This stabilization follows broader market movements influenced by geopolitical developments earlier in the week.

Three Critical Indicators Suggest Potential Downturn

1. Profit Realization Peaks: Network Realized Profit/Loss metrics from Santiment reveal the highest profit-taking activity since late March, with Wednesday showing particularly intense selling pressure as long-term holders liquidate positions.

2. Dormant Token Movement: The Age Consumed index displays notable spikes, historically preceding price corrections when dormant wallets become active. This pattern suggests accumulation of sell orders may be building.

3. Whale Portfolio Adjustments: Between Tuesday and Thursday, a single entity holding 100,000-1 million LTC reduced exposure by 340,000 tokens. Such substantial movements often precede volatility.

Technical Outlook Shows Key Levels in Play

Litecoin's weekly chart reveals:

• Immediate resistance at $91.61 (50% retracement level)
• Critical support holding at $77.19
• RSI readings below 50 indicate bearish momentum dominance

Should LTC fail to maintain current levels, retesting the $77 support becomes probable. Conversely, a breakout above $91.61 could signal continuation toward $96.30 resistance.

Market participants should monitor these on-chain signals alongside trading volume patterns for confirmation of next directional moves. The confluence of technical and fundamental factors currently suggests caution may be warranted for LTC positions.