*� Litecoin Blasts 17% After MEI Pharma Treasury Bet — But Will Whales Ruin the Party?

First public company just added LTC to its balance sheet — and the charts are shaking.

*� Quick Stats

• 📈 Daily Gain: +17.2%
• 💸 Volume: 500M+ in 24h
• 📍 Current Price: 77
• 🧱 Resistance: 78.5 → 84
• 🛡️ Support: 70
• 🐋 Whale Moves: 120,000 LTC (9M+) to exchanges
• 🧾 MEI Buy: 3.6M in LTC + 4.9M in BTC

*� MEI Pharma Bets Big on Litecoin In a first-of-its-kind move, Nasdaq-listed MEI Pharma just scooped up 3.6M in Litecoin for its corporate treasury — officially putting LTC in the institutional game.

The firm cited a need for "value outside the traditional banking system," praising Litecoin’s low fees, fast confirmation times, and battle-tested history. This gives Litecoin serious corporate clout, breaking into a space long dominated by BTC and ETH.

And the market noticed. 🚨

*� But... Whales Might Be Prepping the Exit Right after the pump, IntoTheBlock flagged over 120,000 LTC sent to exchanges — mostly from whale wallets. Translation? Some big players might be eyeing profit.

📉 While the retail crowd cheered MEI’s move, whales could be setting up a cold shower if sell pressure ramps up.

*� Support, Resistance, and RSI: What’s Next for LTC?

• 📍 Holding 77: Bulls in control
• ⚔️ Break 78.5 → 84? Eyes on 90 next
• 🧱 Fail 70? Risk of dip to 63–66
• 📊 RSI: Neutral — not overheated yet

In short: the setup is bullish... but fragile. 👀

*� Why Litecoin’s Fundamentals Still Slap While whale games could rock the short-term, Litecoin is still one of the most trusted altcoins on the block:

• ⚡ Cheap, fast, stable
• 👷‍♂️ Active dev team
• 🕵️‍♀️ MimbleWimble privacy upgrade ✅
• 💬 No regulatory red flags
• 💳 Accepted nearly everywhere

In an era of SEC crackdowns and rug pulls, LTC’s no-drama reputation is suddenly very sexy to institutions.

*� The Bigger Picture: Is LTC Back in the Big Leagues? MEI Pharma’s move isn’t just headline bait — it signals Litecoin might be stepping back into the institutional spotlight.

If LTC clears 84, it’ll send a loud message: there’s room for more than BTC and ETH on Wall Street.

But if whale selloffs crack support? Expect a sharp pullback.

⚡ TL;DR Litecoin surged 17% after MEI Pharma added LTC to its treasury — a historic first. Volume exploded, but whale activity signals potential sell pressure. Bulls need to hold 70 and crack 84 to keep momentum. This could be LTC’s return to corporate relevance — or a short-lived hype spike.