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Crypto Market Could Destabilize If Bitcoin's Creator Sells $30B Stake
- kerng 6y agoDiscussed this with a few friends also recently, even now during short seller week and future expiration - where billions of Bitcoins are sold to push the price down the impact is about -10-20%. So $30 billion maybe make a maximum of 40-50% damage which isnt that unusual in its history. Also, unlikely that Satoshi would sell it all in one shot (or sell it at all) - she could just sell a billion a month and market wouldn't care.