That last paragraph is exactly what was bothering me as I read this. Let me get this straight: they have how much and sold how much of that? It seems they have an awful lot more left than what they sold, which is a troubling thought if they have the power to do even worse damage than it appears they did in the last few months.
But yes, if it was the result of this one factor, that is encouraging for the strength of the overall market among the general public. That's of course assuming they put a few years between each of these little selling sprees.
sold about 35k btc and bch and have around 165k of both left
This is why you don't fork to create a new coin, especially of one that has had so many disasters and scandals in the past... :P
Are you talking about Bitcoin Private? x)
Any Bitcoin fork, really.