What are your thoughts on utxo management? How much should I stack and keep on exchanges before I move them to cold storage?
Discussion
#asknostr
I think a million sats plus is a good candidate to move to storage. Low fee environments are good, like now.
I sent some during the ordinals craze thinking the fees would never drop, but like everything they ebb and flow. Love and learn!
I don’t keep anything on exchange accounts. I try to stack in a way that does not create too many small UTXOs (~200k) and immediately withdraw to a hot Sparrow wallet.
Then I consolidate using Whirlpool, into mostly 1M chunks and send to cold storage
Nice!
I would say no more than you are comfortable having fiat cash in your analog wallet.