HOW MTGOX did it again? - AFTERMATH

5 days ago MTGox trustee Nobuaki Kobayashi started another 5000 market sell triggering another crash.

We could finally find his BTC wallet, here it is
https://blockchain.info/…/16rCmCmbuWDhPjWTrpQGaU3EPdZF7MTdUk

He has still 162,203 bitcoins to sell.

How can someone crash the market with just 5000 bitcoins??

OKEx 24hour volume 452,381,000 seems HUGE! It's the biggest exchange.

Now lets see the 1 minute volume = 452,381,000 / 24 / 60 = 314000
That is 35, yes just 35 bitcoin traded at a given moment.

Now imagine someone dumps 5000 btc as the market order where liquidity is 35 bitcoin!

To fullfill that order the price will be instantly moved 5-10% triggering stop losses and limit sell orders from other traders,
forming an avalanch effect. The arbitrage bots quickly pick up the price and reduce it on other exchanges too, forming a mass sell off and panic.

Will he sell remaining 162k bitcoins?

It is not clear. He already paid off the dept to MTgox members so remaining money should go to guess whom? The bankrupt owner Mark Karpelès who will most likely run away with 1.9 billion dollar after this bankrupcy :)
It's better for us anyways because he won't be mass selling his BTC like Nobuaki Kobayashi crashing the market and maybe restart MTgox.