quotingBitcoin exchanges have their bitcoins spread out over 7 million UTXOs. Depending on the mining fee levels, this might cost some or many millions to consolidate.
nevent1q…mlze
Just now - since about 5h - OKX is consolidating some of their 1.3 million UTXOs, paying in excess of 500sat/vB!
Leo Wandersleb on Nostr: OKX is consolidating some of their UTXOs paying north of 500sat/vB. ...
OKX is consolidating some of their UTXOs paying north of 500sat/vB.