Whoever is consolidating multisig utxos right now is getting absolutely rekt

https://mempool.space/tx/91b8def136d9b261dd23082dad6424f1d3e324107ab096eda5648b3cd269e0bc

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Painful. I was supposed to mine, and never got around to it.

Guess I’ll be just waiting around until this stupidity fizzles out.

Maybe we need a good hard dip to $14k again to freak all these losers out.

whoa...why would anyone do that? what is the rush

From 280 utxos to 2 only for $2769. So it's an individual most likely or what satoshi gods say ....

...or institution hodling like MicroStrategy? What the likelikehood of each based on years of experience?

Nvm, it's some dumbass. Total amount is small 🤣 whatttttt

Some of the inputs don't even cover the cost of including them!

👀

Like $3k?!? $2,700?!? Lol. Crap!

They doing gods work making uneconomical transactions to declutter the utxo set 🙏

I'm guessing this is either an automated system or someone / something with a serious liquidity issue?

0.1 BTC is also the default for -maxtxfee in Bitcoin Core.

Ouch