Leo Wandersleb on Nostr: Bitcoin exchanges have their bitcoins spread out over 7 million UTXOs. Depending on ...
Bitcoin 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.
Just now - since about 5h - OKX is consolidating some of their 1.3 million UTXOs, paying in excess of 500sat/vB!
Published at
2024-06-07 14:37:52Event JSON
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"content": "Bitcoin 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.\n\nhttps://i.nostr.build/WGRJk.png\n\nJust now - since about 5h - OKX is consolidating some of their 1.3 million UTXOs, paying in excess of 500sat/vB!\n\nhttps://i.nostr.build/Q7RJP.png",
"sig": "2c18f32901a8b18eecc447f6f58e75e638956a6d317fdca03daf07f7251daf84e4a8dccbd886c34fac2902b3a5ef258d03d84d330f855894cacf898fbdb4fa5c"
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