Asking for a friend…. specifically in the US.
I’m thinking doing the limit orders on a reputable exchange can be done by yourself, but you probably want to call the bank and let the exchange know that a large amount of crypto is coming through. I would assume preparing some records of how you got these funds would be a good idea too? Any specifics? For us old time miners specifically records are sparse, most mining pools are dead, but I have some records of when funds hit my wallets and I did my best to estimate taxes.
**Edit:** Thanks for the OTC suggestions. I’m aware of them already. And even if I don’t use them, I would assume in my earlier post that just doing sales yourself is manageable. However, what I’m probably more worried about is moving the actual fiat amount out. Would you recommend contacting both the bank and exchange ahead of time to let them know? Doing a trial run with a smaller amount, say $50k?
I was logged into Bank of America the other day and found some fine print about some $1.5 million wire transfer limit but am unable to find that page again.