If you believe that the face behind the coin needs to keep his stake in the game for it to succeed, you are missing the point of the movement. Charlie Lee is a visionary that understands that as long as he had an investment tied to the project, he would potentially hold back on risks vs rewards. He is also a firm believer in the decentralized nation of crypto. Everyone knows he created litecoin, so everyone thinks of him as the CEO or an ambassador. He saw litecoin as turning into another bcash and didn't want to be attached to the same sorts of conversations as Roger Ver. Litecoin will continue to grow with or without his holdings. That's the whole point of all of this after all. It's not anyone's business what he spends his money on. Didn't you buy your first bitcoin (now Monero, Verge or ZCash) to get away from people being able to monitor how you spend your money? Or just as an "investment" platform since it went mainstream. He doesn't owe anyone an explanation and I am sure litecoin will be just fine!
RE: Coinbase Launches BCH & Trades At $9,500? / Charlie Lee Sells All His LTC / Monero On Ledger Wallet