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10 sats \ 0 replies \ @zuspotirko 11 May 2022
Again? Haha
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2 sats \ 0 replies \ @handsome_latino 12 May 2022
According to mempool.space dev, Binance consolidating UTXOs it seems:
https://twitter.com/softsimon_/status/1524443439231864834/photo/1
Probable cause, says same mempool dev: https://www.binance.com/en/support/announcement/c8d82e9c6c694be8b8d2cd88227ae1ea
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1 sat \ 0 replies \ @faithandcredit 12 May 2022
probably an exchange seeing many inflows due to the recent price action and needing to consolidate for liquidity purposes
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1 sat \ 0 replies \ @higuyslol 11 May 2022
What are possible explanations for why someone did this?
Here’s me brainstorming:
- standard procedure consolidate utxos on an exchange
- flood the mempool to raise cost of tx
- presumably to limit moving crypto to/from exchanges
Thoughts?
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1 sat \ 0 replies \ @BlokchainB 11 May 2022
Think it was Binance
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0 sats \ 0 replies \ @2big2fail 12 May 2022
collateral for loans?
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