Litecoin Whale Wallets Surge 7% to 648 in Five Months as LTC Consolidates Near $44

According to Santiment Intelligence, Litecoin whale and shark wallets holding at least 10,000 LTC have surged by 7% over the past five months, climbing to 648 wallets. Meanwhile, LTC has remained consolidating between $40 and $44 for the past week despite this sustained accumulation.

Litecoin is experiencing fresh demand largely driven by speculation around LitVM, which brings smart contract functionality to the ecosystem through its zkLTC wrapper. This activity is reflected in on-chain metrics: the Stock-to-Flow Ratio jumped to a monthly high of 278, signaling aggressive accumulation as more LTC flows out of exchanges than into them. Daily Active Addresses held steady around 300,000, with a two-week high of 287,000 on June 12.