One of my Ledgers has hundreds of TX from small address deposits from years of stacking sats.
Q. Is it worth consolidating the stack into a single address?
Discussion
This is up to the individual based on their future spending needs.
The benefit to consolidating your utxos is that future transactions will only have one input and one output, so they'll be cheaper on fees.
The trade off is you leak a lot of privacy.
I personally consolidate some utxos to save on future fees when the mempool is cheaper.
That was the band if you have KYC and non-KYC said it wouldn’t make sense to mingle them together so you would still be better off having them separate. However if they’re all coming from the same exchange them in my makes sense for better and easier management of this. ETA axles
Gracias, mi amigos!
My sats have been stacked from probably two dozen different exchanges. I don't know which address came from where at this point and I've re used many of the address several times.
I recently looked at moving the entire stack into one address and the fee was going to be about $55
- Cheers