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dhbanes | 2 years ago

You're off by an order of magnitude. 1,056 BTC is currently worth approximately $29m.

discuss

order

nl|2 years ago

Sorry, miscounted digits!

Fixed it.

sdenton4|2 years ago

But could you sell $30m of Bitcoin without tanking the price?

dhbanes|2 years ago

24 hour BTC-USD volume is > $15bn so yes.

nullc|2 years ago

> But could you sell $30m of Bitcoin without tanking the price?

Yes, at the spot market you can usually move $30 million in a single trade with only a small slippage. Bitcoin is more liquid than most stocks.

miracle2k|2 years ago

Easily.

therein|2 years ago

Of course you can.