Recently, big events have happened in the crypto world. A well-known individual's wallet, after the issuance of the Lighter token, suddenly purchased $33 million worth of LIT tokens, directly pushing their holdings to over 5% of the circulating supply.

This move is quite significant. It’s important to note that players capable of investing such a large amount of capital in a short period are few, and even more rare is their confidence in a particular project. Some industry insiders believe this reflects the proactive attitude of certain leading participants in the wave of tokenization.

Since last year, the tokenization track has indeed been very hot. Various assets are trying to go on-chain, with project teams and investors racing to claim territory in this field. This large holding also, to some extent, confirms the market’s optimism about projects like Lighter.

However, it’s also worth noting that large holdings mean risk concentration. The subsequent movements of this wallet, including whether it continues to increase or decrease its holdings, are worth paying attention to. Such signals often reflect the true judgment of market participants on the prospects.