How did the top executives manage to sell off 42 million worth of crypto before?

3 answers

• Dec 17, 2021 · 3 years ago
  The top executives likely used a combination of over-the-counter (OTC) trading and carefully timed limit orders to sell off the 42 million worth of crypto. OTC trading allows for large trades to be executed without impacting the market price, while limit orders ensure that the crypto is sold at a specific price or better. By using these methods, the executives were able to sell off their crypto holdings without causing significant market disruption.
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• Dec 17, 2021 · 3 years ago
  It's possible that the top executives took advantage of a period of high liquidity in the market to sell off their crypto. During times of high liquidity, there are more buyers and sellers in the market, making it easier to execute large trades without causing significant price movements. Additionally, the executives may have used their connections and relationships in the industry to find buyers who were willing to purchase large amounts of crypto without causing market disruption.
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• Dec 17, 2021 · 3 years ago
  As an expert in the industry, I can tell you that the top executives likely used a combination of different strategies to sell off their crypto holdings. One possible strategy is called dollar-cost averaging, where the executives sell off a fixed amount of crypto at regular intervals over a period of time. This strategy helps to mitigate the risk of selling all their crypto holdings at once and potentially causing a significant price drop. Another strategy they may have used is called scaling out, where the executives gradually sell off their crypto holdings as the price increases. This allows them to take profits along the way without causing a sudden market sell-off.
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