Re:CoinDash’s ICO Website Has Been Hacked
by ChrisClark on Monday July 17, 2017 @11:41AM
(#14789545)
Though, the 24 hour trading volume for ETH is $1.5 Billion USD. So it won't affect the price as much as you'd think.
$1.5 Billion, made up of many smaller transactions (~USD 15.5k on average according to this site [0]).
A number of large transactions to convert that much ETH to USD, would significantly affect speculator confidence, triggering others to sell.
Who knows what the price will be next week, but it won't be anywhere near €6,000,000 if they try to sell that much at once.