it usually sells at a price higher than market price.....
Im suggesting it sells at around 30% higher, they know they can make a shit ton in the long term and intelligent whales don't want to miss this opportunity.
If I won the auction here's what I would do: Buy one coin on margin for every coin I sold. As long as the market doesn't drop far enough for a margin call, it's free money. Remove leverage near the top of the next bubble, short down to 40% of ATH, cover. Buy one coin on margin for every coin you sell after that, rinse and repeat.
This strategy would have made piles of money in every bubble up until now, but past performance is no guarantee etc, etc.