Litecoin rally is leverage-driven, not ETF-fueled, as futures open interest hits $670M

Litecoin's rally is leverage-driven rather than ETF-fueled, with LTC futures open interest adding $270M in a week to reach $670M, near its yearly peak, while spot ETF inflows totaled just $2.8M over the same period. The analyst notes the last time leverage hit these levels, in January, LTC fell sharply.

Detected & updated continuously · Source: Nebula