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On March 6, Justin Sun announced that he remains bullish on Lighter and continues to hold all purchased LIT tokens. According to BlockBeats, Sun is currently rebalancing his wallet and plans to reinvest in the Lighter LLP platform soon.
Previously, on January 1, Sun deposited approximately $200 million into the Lighter LLP platform. Since then, he has withdrawn around $38 million and used approximately $33 million to acquire 13.25 million LIT tokens. The remaining balance in his spot account is about $5.5 million. This LIT holding represents approximately 1.33% of the total token supply and 5.32% of the circulating supply.