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0 sats \ 1 reply \ @random_ 7 Jun 2024 \ on: OKX started a major consolidation operation bitcoin
Officially insolvent.
At 0.11 BTC in miners fees per 0.77 BTC consolidated, that's 12.5% of their BTC deposits erased in a few hours.
And that's at 250 sats/vbyte. Many txs paid as high as 500....
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