Possible it is a coinjoin but not too sure. Looks like the entity splits anything inbound into a bunch of utxo's and sends them to bc1qthdpgxj73uxumw887ra78pxqj5qy7pt9gf5su5 (1 utxo per transaction)
Once they are in that address, some have been sent but it is hard to follow because mempool.space does not let you filter to only show spent outputs. Just saw them confirm in the address so it will only be a matter of time to see how they move from here.
It is a weird transaction but the closest thing I can think of is coin join pre-mix.
reply
It's not a coinjoin. Coinjoins are collaborative transactions by definition, this one has only single input. Yes, as it's taproot, it could be some kind of multisig, but it's funded before with a single transaction, with P2WPKH input, so there isn't multiple parties involved likely (unless it's 2P-ECDSA, but don't think anybody uses that on mainnet).
reply
Someone is doing something fun with taproot.
reply
I assume it's Ordnals?
reply
Automatic mining pool or exchange DCA payout?
reply
Bulk minting of brc20 tokens
reply
There's longer explanations around
reply
I see heaps of these kinds of TX these days. Its likely BRC tokens, ordinals or stamps.
That's a big fee.... Miners love this BS
reply
I made a post about this few weeks ago. I dont thinn its coinjoins. Those UTXOs are way to small to be viable, and the tx fee is insanely high.
reply
deleted by author
reply