Nah, actually more like many small players, who bought a few dozen to a few hundreds each. But it really happened faster than anyone anticipated, once the remaining amount crossed some threshold of about 1% the registration rates started to grow exponentially. When you look at it, once they are all gone there's no way you can't sell even the ugliest one for at least 2-3x reg fee, so it's a safe bet.
Many of these are just being tasted and in the next 5 days there should be many drops, but I expect these to be registered quickly as well.
After it all settles down (around the beginning of the next year) I suppose LLLL.com's will start selling for a minimum of $15-30 so that's an instant profit for anyone who bought them at $7 when they were available.