In the shadow of Mt. Gox..

https://www.zerohedge.com/news/2018-03-07/bitcoins-tokyo-whale-sells-400m-bitcoin-bitcoin-cash

In Summary Nobuaki Kobayashi, bankruptcy trustee for Mt. Gox sold off approximately $400 million in bitcoin and bitcoin cash since September 2017

Best comment so far:

"Don’t be silly folks, Bitcoin daily trading volume is over 9 Billions USD. He didn’t crash the market, but he definitely made things much worse by being grossly incompetent. Looks like he panicked and he sold most of it at the lowest point. He would have had a much, much better deal selling OTC from the start.

Further, the main reason for selling this comparatively small share of the MtGox BTC and BCH holdings (yes they own both now) was to pay for his fees and some of the MtGox Fiat debts. They still sit on over 160.000 BTC and BCH while MtGox customer haven't received anything yet.

On the bright side, at least those Bitcoins were distributed instead of being offloaded to a whale".

This does bring up some of my concerns regarding whale behavior and how the markets are effected by it. I'm sorry to say that just because the technology is good, the market can still be effected by single players, or even big institutional players. Either you look at the price, or you treat Bitcoin as something special. Remember that when you can print money, you can buy anything (that includes governments). In theory they could buy most of the Bitcoin in circulation and decide the price from there.