has anyone withdrawn $20k or more of btc/eth to their bank account?

how is it taxed? what's the best way to withdraw crypto to bank/cash with litte to no tax?

building reel.farm and farcasterstudio.com

i think USA you gotta pay short term capital gains tax (unless you held for over a year before you sold) bc taxed as ordinary income ie if you are in 25% tax bracket and you get 10000 shares at $0 cost basis then it becomes $1 a “share”/ unit etc then you should expect to pay 25% of $10000 

✨ not tax advice ✨