Nothing is going to happen with price it will remain on the current level, the amount of bitcoin is not so to bring some effect on the price, 2719 coins is not so high and that is why nobody thinking there will be any change will come into price after this auction.
The $1.6 million worth of bitcoin is too small to affect the bitcoin price. Even the Poloniex has more trading volume.
exactly this.
also let's not forget that the person who buys those coins is already a whale who knows what he is doing and will buy these coins as an investment not something to buy and then dump on the market the next morning.
whales are only accumulating at times like this that price is already low and then pump price to the moon and when everybody is jolly and buying bitcoin they will sell slowly.