What does having a null transaction id mean?

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Having a null transaction ID (Txid) in the context of a Bitcoin wallet address statement typically means that there was some sort of issue or error with the transaction. A null Txid may indicate that the transaction failed to go through or was rejected by the network for some reason.

There are a number of reasons why a transaction may fail or be rejected by the Bitcoin network, including issues with network congestion, insufficient transaction fees, errors in the transaction code or data, or attempts to double-spend Bitcoin assets.

When a transaction fails or is rejected by the network, it may be recorded in a Bitcoin wallet address statement with a null Txid to indicate that the transaction did not complete as intended. In some cases, users may be able to resend the transaction with corrected data or a higher transaction fee to resolve the issue and complete the transaction successfully.

Overall, having a null Txid on a Bitcoin wallet address statement usually indicates that there was some sort of issue or error with the transaction, and may require further investigation or corrective action on the part of the user or wallet service provider involved.

Does Null UTXO's mean they are invalid?