You can expect that 33% of the coin was bought up in the early days by same persons now controlling the price
But why would you do that? Signals show it should go up so why stop it? Im sitting on many many many of XC, sold a few K early to cover mining costs, but why would it make sense to cash out if you see the price going up, let along many BTC worth at a time? I, like a few others could set up sell walls that would make your anus bleed with disbelief....like I said, it does not make any sense to do that, get out of the way and let the price rise instead of pounding it back down again?