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Transferring from exchange to cold wallet

Bitcoin Reddit

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My Dad has about 50K sitting in an exchange. I'm trying to encourage him to take custody of his BTC, so I bought him a cold wallet. If he moves it all in a single transaction, this could create a privacy issue because if he pays someone a small amount, it would reveal to that person his total BTC wealth. Does it make sense to move it over time in smaller amounts like 5K each time?

submitted by /u/Exact-Perspective-75
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