The price will move (down) until the sell is fulfilled - if there are not $50MM worth of buyers at that price point then the price will drop until buyers are found.
The 'market cap' of Bitcoin is irrelevant here, only the price sensitivity of buyers. Given there is no underlying income stream from bitcoin, there is no real floor. If nobody wants to buy it, a 50MM sell will go to zero pretty quick.
The 'market cap' of Bitcoin is irrelevant here, only the price sensitivity of buyers. Given there is no underlying income stream from bitcoin, there is no real floor. If nobody wants to buy it, a 50MM sell will go to zero pretty quick.