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Coinbase’s UK Expansion Fuels Litecoin’s Surge Past $100 Amid Whale Accumulation

Coinbase’s UK Expansion Fuels Litecoin’s Surge Past $100 Amid Whale Accumulation

Published:
2025-11-09 17:08:24
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Litecoin (LTC) has recently broken through the $100 barrier, driven by substantial whale accumulation and a notable increase in on-chain activity. The cryptocurrency has outperformed other major altcoins such as Ethereum, Solana, and XRP, achieving an impressive 16% gain within just 24 hours. This surge is further supported by Coinbase's expansion into the UK market, which has significantly boosted Litecoin's adoption among both retail and institutional investors. As of November 10, 2025, LTC is trading at $99.81, with a 24-hour trading volume reaching $3.52 billion. The combination of whale activity and growing platform support highlights Litecoin's strong momentum in the current crypto market.

Litecoin Breaks $100 as Whale Accumulation Sparks Massive On-Chain Surge

Litecoin has surged past the $100 mark, fueled by significant whale accumulation and heightened on-chain activity. The cryptocurrency outperformed major altcoins like Ethereum, Solana, and XRP, posting a 16% gain within 24 hours.

Coinbase's expansion into the UK has further bolstered Litecoin's adoption, attracting both retail and institutional investors. At press time, LTC trades at $99.81 with a $3.52 billion 24-hour trading volume and a $7.64 billion market cap.

Santiment data reveals a 6% increase in wallets holding over 100,000 LTC in the last 90 days, underscoring growing confidence among large holders. The rally comes as Bitcoin briefly dipped below $100,000, highlighting Litecoin's resilience in a subdued market.

Coinbase Sees Leverage Reset and Institutional Strength Driving Crypto Recovery

Coinbase Institutional's latest analysis reveals a market reset following the October 10 liquidation event, which flushed out excessive leverage. The cleanup positions bitcoin for a potential bottom, with implied six-month price projections ranging from $90,000 to $160,000. Speculative traders have been forced out, leaving a healthier leverage profile and setting the stage for gradual upward momentum.

Capital rotation—not new inflows—is fueling the rebound, with institutional players leading the charge. Macro easing and anticipated rate cuts could further support the long-term crypto cycle. ethereum and other select assets are seeing smart money flows as risk appetite returns.

The October correction, while painful, has laid groundwork for stable growth through 2025. Coinbase notes renewed institutional confidence, contrasting with lingering retail caution—a divergence that may define the next phase of recovery.

|Square

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