All of a sudden, there were a massive number of transactions which hit the mempool.
[https://jochen-hoenicke.de/queue/#BTC,4d,weight](https://jochen-hoenicke.de/queue/#BTC,4d,weight)
[Mempool](https://preview.redd.it/wd6n4bh1g9z81.png?width=548&format=png&auto=webp&s=0fc2f4803bd35a8bb895998feb202a8e656d5e9e)
I couldn’t find much information about this. Is this connected to collateralization? Any Ideas?
View Reddit by Zelgada – View Source
Binance utxo consolidation
USTD selling off their bitcoin trying to save their shitcoins.