It's really speculation and I think the answer would be different for 1m coins or 1m of Satoshi's coins. If he sells then people will be wondering why the creator is selling his own creation and so that would cause an even deeper dump than if someone else had that many coins and sold them. I think we'd see close to a 3 figure price if that were to happen.
the question is whether we will keep our bitcoin in our wallet in this case