Actually it might be interesting. Technically yes if they sold at any price they'd burn through the orderbook and the price would crash.
But if they set a flat sell price then that'd make a buy (edit: sell) wall (price can not go above this amount until all 25 million have been purchased).
They are not buying coins, they are selling them, so it would be a sell wall. The price couldn't go _above_ their selling price until all 25 million (dollars worth) have been sold.
Comments
Actually it might be interesting. Technically yes if they sold at any price they'd burn through the orderbook and the price would crash.
But if they set a flat sell price then that'd make a buy (edit: sell) wall (price can not go above this amount until all 25 million have been purchased).
The sell wall could help stabilize the price.
They are not buying coins, they are selling them, so it would be a sell wall. The price couldn't go _above_ their selling price until all 25 million (dollars worth) have been sold.
That is one really interesing side-effect of the whole silkpath shenanigans.