First off, the word "Hoarding" is accurately wrong in cryptocurrency. The right word should be HODL. Si, what really is the point here? A man can't HODL his coins in peace anymore and wait for the ripe price to offload? I ain't get this.
Chinese or not, the sixth largest or not, there's nothing wrong in that.
yeah.. He/she got a loads of btc and now he/she is dumping little by little and that's why or maybe why btc price is not stable.