Can anymore explain why these txs are doing? Seems like they are consolidating 2 of 3 multisig outputs at a crazy high feerate. It makes no sense!

🤪

https://mempool.space/tx/86ce0d00cf25c3f92d79a3a1349e71b681733d78cacceeee36948d22ced3ff3f#flow=&vout=0

Reply to this note

Please Login to reply.

Discussion

Sometimes they give their tx to a specific miner so they get the high fee. Could be to obscure the trail. Who knows.

Thanks for getting to the bottom of this nostr:npub1m0n0nautpnk0jntmg89kgjucfwygrsppcpf963um5eqkjehqwess7rd0un

"OKX started a major consolidation operation about 4 hours ago, at a more sensible ~53 sats/vb.

but since then they've been gradually bidding against themselves, until now they're trying to pay 350+ s/vb"

"It's not the first time this has happened"

https://mempool.space/block/00000000000000000004cac9261f0304ecbe1bf19606e8d4668903356b5e2ef8