Comment by UltraSane
4 hours ago
What is it like when billionaires sell like $10 billion worth of shares? Do you need a special bank account to hold that much?
4 hours ago
What is it like when billionaires sell like $10 billion worth of shares? Do you need a special bank account to hold that much?
At that point, there's an IB team handling the deal, an LLC holding the money, and probably several banks holding its accounts. Few banks are happy to handle that kind of concentration in a retail sight account.