I will present 2 scenarios. Would like to know if each scenario taxable event would count as a long term or short term capital gain assuming no other taxable events were created:
1- Bought $1 worth of bitcoin 2 years ago and put in wallet A. Last week bought $1000 of bitcoin and also put in wallet A. Today cashed out everything in wallet A.
2- Two years ago bought $100 of bitcoin and put in wallet A. Last week, bought $100 of bitcoin and put in wallet B. Today, cashed out everything in wallet B.
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