1,7m were distributed in the first hours. It is a FACT and you can check the blockchain for proof. No idea what happened after that with them, but I do not believe these amounts were dumped on the market shortly after that. It has some probability but very unlikely.

All I know is that those millions are in strong hands. And it's really all that matters to me and helps analyze this market.  

EDIT: People so allergic on this instamine issue in this thread.