LTC Puell Multiple: Litecoin On-Chain Indicator

Monitor Litecoin miner profitability and market cycles through the Puell Multiple. This indicator compares daily mining revenue to its 365-day moving average, helping identify market tops and bottoms based on mining economics.

About LTC Puell Multiple

The Litecoin Puell Multiple divides Litecoin's daily issuance value in USD by its 365-day moving average. The result expresses today's miner revenue as a multiple of the yearly average: a regime-aware view of mining economics that filters out raw price noise.

Puell Multiple readings above roughly 4.0 have historically marked Litecoin cycle tops: miners are earning far above their annual baseline and tend to sell aggressively into strength. Readings below roughly 0.5 have marked cycle bottoms: miners are forced to operate near or below break-even, weaker operators capitulate, and the network reaches a healthier equilibrium that precedes recoveries.

Because the multiple is anchored to miner cash flow rather than price alone, it captures the supply-side pressure that often leads price action. Use Puell Multiple alongside hashrate and MVRV to read miner-driven liquidity events. It's especially useful in the months immediately after each halving, when issuance shocks reset the multiple's base.

Related On-Chain Metrics charts

Cryptocurrency931

Crypto Risk Metrics

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Adaptive Risk Oscillator

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Risk Values Non Color Coded

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Crypto Market Risk Indicator

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Time in Risk Bands

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Price By Risk Level

PRO

Crypto Risk

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Alpha (Momentum/Deviation)

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

KAMA Moving Average

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Cryptocurrency Market Breadth

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Altcoin Season Index

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Combined VWAP MVRV Z-Score

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Fear & Greed Index

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Advanced Decline Index

PRO

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Price Horizons

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

ROI Analysis

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Sharpe Ratio Analysis

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

RSI

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Economic Indicators vs Crypto Correlation

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Global M2 vs Crypto Correlation

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Moving Averages

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Bitcoin Fractal Dimension

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Power Law Model

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

GoldWave

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Death Cross Analysis

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Crypto Volume Analysis

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Monthly Returns Table

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Days Since Percentage Decline

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Price Derivative

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Crypto Relative Strength

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74

Annualized Volatility

Crypto Analysis

B
bitcoin icon
E
ethereum icon
A
ada icon
+74
968 charts
SolanaXRP
+10 soon