Yeah a big chunk are probably in bittrex.. i think those blue ones are the developer of the coin i would pressume. Although thats not a bad thing the owner bought up lots, no pre mine so he invested money. I would too if it was my coin.
It just depends i guess if he dumps it all and walks away then everyone gets scammed. But looking at his work it does not seem so. Besides that would be the dumb way to make a quick buck long term profits would be much more.
Hopefully he will slowly sell it off, (When its at a good price of course) and that chart i showed before the bubble will get bigger and spread out more.
Which is good as long as dev keeps working on the coin and it gets more and more usage and acceptance, and the dev uses that money to reinvest into the coin with developement or whatever to continue growth. Then you will see some real profits instead.