Seriously, does anyone know how many ETN actually got sold in the ICO? Was it all 6 billion?
More around 5 Billion
I am not an ETN investor or ICO buyer, so I have no stake, you are all free to disagree with the following:
It seems like one way to avoid a crash on release of ICO funds is to tier the ICO fund release. For example, release half up front, and half in another month. Some ICO investors may not like that - I would totally understand if they dont want to wait more - but it might be better for all of them because it reduces the risk of price crash.
That would probably be considered to be market manipulation.