Now is a great time to consolidate Bitcoin UTXOs to avoid wasting BTC in fees

Bitcoin’s present fee environment is primed for activating your UTXO consolidation wallet management strategy. Low fee rates near 1–2 sat/vByte have created a window to merge unspent transact...

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Now is a great time to consolidate Bitcoin UTXOs to avoid wasting BTC in fees

Source: CryptoSlate

Bitcoin’s present fee environment is primed for activating your UTXO consolidation wallet management strategy. Low fee rates near 1–2 sat/vByte have created a window to merge unspent transaction outputs in anticipation of future fee surges. Transaction fees are the product of a transaction’s virtual byte size and the fee rate, so consolidating multiple smaller UTXOs […]