$LTC, the native token of Litecoin, is making waves and garnering significant attention from crypto enthusiasts. On February 19, 2025, while the overall cryptocurrency market sentiment remains bearish and top assets like Bitcoin (BTC), Ethereum (ETH), and XRP struggle to gain momentum, $LTC has outperformed the market with a 4.5% gain.
Litecoin ($LTC) Price Momentum
With this gain, $LTC has defied the overall bearish trend and is currently trading above $128.20. This notable increase has not only outperformed major cryptocurrencies but also flipped Avalanche (AVAX) and Sui (SUI). Due to its bullish momentum, $LTC has attracted significant interest from investors and traders, leading to a 27% jump in trading volume.
However, this interest from long-term holders differs and opposes the bullish sentiment, as reported by the on-chain analytics firm Coinglass. Data from spot inflow/outflow reveals that exchanges have witnessed an inflow of over $2.3 million worth of $LTC tokens, suggesting a potential sell-off by long-term holders.
coinpedia.org

