A light trail, or fireball, comes about from the object heating up and burning off from the friction of hitting the atmosphere. An object moving fast enough will form a bow shock that will punch through the atmosphere and minimize friction. For an object to move that fast, yet make this small of a crater, the object would have to be very small (maybe baseball sized), and most likely have a very steep entry angle (>75 degrees)... but it's very possible.
Back in the 60's/70's when people actually started thinking about collisions, and considering the damage they could do (as well as how to possibly eliminate a threat like Project Icarus from MIT), one book listed one of the worst case scenarios is a large, very fast mover hitting the oceans, as not only would it cause massive tsunami, it's bow shock could push both the atmosphere and the ocean water out of the way, and deliver a direct strike to the crust at a thinner point cause all sorts of problems.