There were a ton of utxo consolidations last night / early this morning. Big transactions with hundreds and hundreds of small amount inputs, some under 2 of 3 multisig and some just single sig, all consolidating into a large amount utxo. All taking advantage of the low fees and only paying 1sat/vB too. I was wondering if it was a big player like an exchange consolidating or something like that…
Something like this
https://mempool.space/tx/b42e5e45c2ef91a2c12cac85ab075208872b880c5c14603503a602ce03300fe5