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I’d imagine a gradual DCA out strategy for taking profits is what most of us will do. Unless you’re playing in the big leagues of crypto, just sell ~$9K/trade for a few days until you’ve cashed out the total sum you wanted. Peaks happen fast but not that fast, there will be time if you’re paying attention and have an exit strategy. I’m gonna make sure my profits are going out of the same exchange they went into (so separating what I bought on Kraken vs Coinbase). I’ll just swap my BTC/ETH for USD on Kraken, then wire it into my bank in intervals under $10K. If my account were to get flagged it wouldn’t take a ton of effort to show how much BTC I put into Kraken vs how much I’m pulling out. For some of the my Alts I’m holding that aren’t listed on the popular exchanges (BEAM, WKAS), I’ll Uniswap back to ETH then send the ETH back into Coinbase. It’ll cost more but will be worth it. All Coinbase and the IRS need to know is I deposited X amount of ETH and withdrew Y amount of ETH.
Dauvai, I have found that I can buy WKAS on uniswap but I’m cautious because I’m not sure or haven’t discovered how to unwrap it or if it’s just a scam coin trying to copy real KAS.