Sun Yuchen has recently made significant moves in the DeFi sector. According to on-chain data monitoring platform MLM tracking, this well-known investor has gradually withdrawn from Lighter LLP's $200 million investment and used the funds to deploy in LIT tokens.

Specifically, Sun Yuchen has currently purchased approximately 13.25 million LIT tokens, totaling about $38 million. This holding accounts for 1.33% of the total LIT supply, and its proportion in the market circulation is as high as 5.32%. This indicates that he has become one of the major holders of the LIT project.

It is worth noting that Sun Yuchen adopted a phased accumulation strategy, increasing from an initial 1.65 million tokens to over 13 million tokens, demonstrating his continued confidence in the Lighter ecosystem. From the perspective of investment logic in the crypto market, such large and sustained increases typically reflect investors' confidence in the project's long-term development.