Litecoin price punched above the $130 mark on Thursday, extending its weekly time frame gains to a remarkable 37.5%. On-chain data trends reveal whales actively accumulating LTC as Bloomberg analysts ramp up speculation on LTC ETF approval.

Litecoin price held steady and crossed the important resistance level at $117.30, its highest swing on January 6. It has soared to its highest swing since December 18, and about 140% from its lowest level in 2024.

As Litecoin decouples from altcoins with a 16.1% market cap surge, whale accumulation and ETF developments signal potential institutional interest in the veteran cryptocurrency.

Litecoin jumps 17% amid rising speculation of ETF approval under the Trump administration. The coin’s volume exceeds $1 billion as large holders’ accumulation reaches new