Justin Sun: Still holding all bought LIT, bullish on Lighter long term

BlockBeats News, March 6th, Justin Sun posted, stating that we still hold all purchased LIT and are bullish on Lighter for the long term. We are rebalancing the wallet and will soon redeposit on the Lighter LLP platform.

Previously on January 1st, out of the approximately $200 million funds Justin Sun deposited in the Lighter LLP platform, he has withdrawn about $38 million, used around $33 million to purchase 13.25 million LIT tokens, and the balance in the spot account is about $5.5 million. This LIT holding accounts for about 1.33% of the total token supply and 5.32% of the circulating supply.