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submitted 2 months ago by ooli2@lemm.ee to c/worldnews@lemmy.ml

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[-] bennieandthez@lemmygrad.ml 2 points 2 months ago

how do you even liquidate that?

[-] jagged_circle@feddit.nl 1 points 2 months ago

You mean if its worth hundreds of millions or trillions?

[-] bennieandthez@lemmygrad.ml 2 points 2 months ago* (last edited 2 months ago)

Yes, even a relatively small quantity like 100k?

[-] jagged_circle@feddit.nl 1 points 2 months ago

That's easy. Ive sold that much. Just do it on an exchange. Get over a million and you do it OTC.

[-] bennieandthez@lemmygrad.ml 1 points 2 months ago

What is OTC?

[-] jagged_circle@feddit.nl 1 points 2 months ago

Over the counter. Big exchanges offer this. Basically p2p with escrow.

Its done off exchange (though usually the same price). To prevent the trade from changing the market.

this post was submitted on 04 Feb 2025

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