Beginner Question: if you have 1000 $5 buys on an exchange and withdraw, is that 1 UTXO or 1,000?
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scenario is 5M sats withdrawing with hundreds of small buys
You’ll end up with only 1 UTXO if you withdraw after the 1k buys. It’s not a good idea to send small amounts to cold storage.
That would be 1000 UTXOs
So you’d pay the current transaction fee x1000 if you ever wanted to consolidate them