Sort:  

He'd have to sell all his BTC first, subsequently crashing the BTC market value because of too much supply. He'd be lucky if he even got half of the total market value for it, because of massive price drop.

I am not sure why he would do that. A major whale knows that if he wants to sell, he should do so in small batches to keep the price from crashing, or else he won't be able to sell for the price that he likes.

Congratulations @trae410! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.17
TRX 0.16
JST 0.028
BTC 76457.44
ETH 2977.83
USDT 1.00
SBD 2.62