In this work, we investigate the open-charm decay process $\psi\to\Lambda_c\bar{\Lambda}_c$ via the hadronic loop mechanism for vector charmonia above $\Lambda_c\bar{\Lambda}_c$ threshold. The branching ratios of these vector charmonium states to $\Lambda_c\bar{\Lambda}_c$ are estimated. The charmonium explanation of the $Y(4630)$ observed in $e^+e^- \to \Lambda_c\bar{\Lambda}_c$ is tested. Furthermore, for the predicted higher vector charmonia above 4.7 GeV, the branching ratios $\mathcal{B}[\psi(nS)\to\Lambda_c\bar{\Lambda}_c]$ with $n=7,8,9$ are found to be of the order of magnitude of $10^{-4}-10^{-3}$ while $\mathcal{B}[\psi(mD)\to\Lambda_c\bar{\Lambda}_c]$ with $m=6,7,8$ are of the order of magnitude of $10^{-3}-10^{-2}$. The experimental signals of these missing charmonium states are discussed. The search for them may be an interesting topic in the future BESIII and Belle II experiments.