Well, now you have to pay 28% in taxes on the liquidated value rather than 30% on the full value. You don't actually get the same amount. If you had X, you wou

Well, now you have to pay 28% in taxes on the liquidated value rather than 30% on the full value. You don't actually get the same amount. If you had X, you would pay 0.3X in taxes - if you got liquidated at 0.7X, you pay (0.7X * ~0.28 = 0.2X in taxes). So in this case your net goes from 0.7X to 0.5X, not stays the same. What you can do is get a hedge (short via futures or options) on your long position to flatten yourself against the market (or part of your position) - basically creating synthetic dollars, and then take out a loan against that. The only problem is margin maintenance on the futures position or rolling the option for however long you need the loan for (Likely you would do this option if you want to spread out liquidating your crypto over multiple years for more favorable tax treatment).