How to Consolidate UTXOs

Bitcoin comes in different sized chunks. These chunks are called UTXOs or unspent transaction outputs. All Bitcoin UTXOs have an equal weight when spending them, so it costs the same amount and fees to spend a small UTXO as it costs to spend a large one. In a high fee environment, it might end up costing more to melt smaller chunks together than they're actually worth. Whenever fees go down now, the mempool is starting to clear out. There's reasonable fees out there. So right now might be a good time to consolidate some UTXOs, get some good UTXO hygiene going.

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