As I told you, yesterday. Do not fool yourself! Do not believe all kind of people drawing elliot waves!

The large exchange MT Gox has sold over 400 million of coins. It is all on Twitter, coindesk and visible in the blockchain.

See also:
https://steemit.com/mtgox/@brianphobos/mt-gox-comes-back-to-haunt-us
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https://cointelegraph.com/news/bitcoin-price-hit-2018-lows-because-of-400-mln-mtgox-sell-off-reports
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"The MT Gox trustee has sold 35,841 BTC for $362 million and 34,008 BCH for $45 million according to reports coming out of a creditors meeting held earlier today."

Sales started in December and ended in February.

MT Gox Trustee Sold Half a Billion Dollars Worth of Bitcoin and Bitcoin Cash

2/ Full list of transfers out of their wallet. More than half of the bitcoin they sold (18k btc) was transferred to an exchange on Feb 5th. The day before bitcoin hit its 3 month low of ~$6000. They panicked and sold the bottom. Market absorbed it well

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I hope they have no coins left to sell now.

Update march 10:

Mt. Gox thus has 166,344 bitcoin left, accounting for around 1.5 billion dollars at the current rates. How Kobayashi is going to sell that is not disclosed in the report, but he does let us know to look for the 'highest possible' price.

The question is what is high? They still own 2% of the total market cap.