Litecoin Hits Eight-Month High on ETF Momentum
Litecoin (LTC)
Editor:
Eugene Serbin
trendkia.com reports that Litecoin surged nearly 10% on Thursday to an eight-month high, trading around $68.47 after breaking the $67 threshold. This rally is driven by institutional interest, specifically Grayscale's amended S-3 registration to convert its Litecoin Trust into a spot ETF. Canary Capital's listed Litecoin ETF also showed positive dynamics, recording $402.140 in inflows this month compared to $239.030 in outflows during August.
Retail traders are participating heavily, with futures open interest rising 12% in 24 hours to $610.90 million. The volume-weighted funding rate increased to 0.0032%, indicating long traders are paying a premium for bullish positions. Technical indicators show LTC trading above its 50-day, 100-day, and 200-day EMAs, which cluster between $50.97 and $54.04.
The MACD remains in positive territory, though the RSI hit 80, suggesting overbought conditions. Immediate resistance sits at $72.64, with a further target at $84.89, while support is found at the 200-day EMA of $54.04.
How the market reacted
Whalio's own Binance spot order flow for LTC, measured when this story was written up on 24 September 2026. Not the outlet's figures.
Whalio spot data shows Litecoin trading at $61.84 with a 24-hour buy ratio of 49.3%, indicating a near-even split between buyers and sellers. The 1-hour buy ratio of 44.2% and the 4-hour ratio of 47.4% suggest that buying pressure is currently fading compared to the daily average. Volume deltas are negative across all timeframes, with -$612,157 in the last hour and -$923,895 over four hours, signaling net selling pressure. The 24-hour Volume Delta stands at -$670,386, and the Cumulative Volume Delta (CVD) closed at -$2,331,620. This means that despite the price being near highs, sellers have been more aggressive than buyers in recent hours. Net buying occurred for only 14 of the last 24 hours, with a total spot volume of $52,405,492 recorded.
The latest daily buy ratio of 44.9% sits at the 4th percentile of the last 323 days, against a median of 49.3% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for LTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.4%, making today's 49.3% reading slightly below the weekly norm by 1.1 percentage points. Trading volume was 1.79 times the weekly average, indicating an unusually active day for the asset. While the 8-day price change was +19.6%, the weekly volume delta was positive at +$2,315,185, contrasting with today's negative delta. This suggests that while recent hours have seen net selling, the broader weekly trend has been one of accumulation. Net buying days accounted for 4 out of the last 7 days, showing a mixed but generally constructive weekly structure.