Combining Multiple Inputs into a Single Output?

Quick question. If I have like 30 deposits from different wallets going to one wallet, can I send them all out as one output? Trying to lower size and fees here.

Good luck with that! Just gotta wait for the mempool to clear up. Hopefully fees drop to 1 or 2 sat/vbyte again.

You can combine those inputs by sending all the UTXOs to a single address. It's called consolidation. Best to do it when fees are low, like around 1 sat/vb.

No way to combine them into one input. Each UTXO is treated separately in Bitcoin transactions. Just hold tight and consolidate when the time is better.

Haha, patience is key. Thanks for the clear answer. Looks like I just gotta wait for fees to chill out.

Here's some good info about fees if you're interested. Only way to combine outputs is to use them as individual inputs in a transaction. Then you can create a single output or a few.

Clarifying here, do you have 30 UTXOs in one wallet or scattered across different ones? Makes a difference for consolidation.

Coin control can help keep your inputs in check and boost privacy, but remember the output has to be less than the input total. Also, Taproot addresses might save you some fees.

Are those 30 wallets yours? If so, better to import all keys into one wallet and send it as a large transaction. Consolidating wallets can hurt privacy though.

Fees are gonna rise in the coming years. If you're constantly getting small amounts, consider alternatives like L-BTC on Liquid network.

If Bitcoin crashes, shouldn't fees drop? But who knows, it could just as easily lead to more transactions.

Yeah, fees depend on mempool traffic, not Bitcoin's price. Right now, it's full of spam from those brc20 projects.

True, panic buying or selling won't necessarily mean lower fees. And spam transactions are a big issue regardless of price changes.

Best way to combine is to use all UTXOs in a new transaction with a few outputs. With current fees so high, it might be better to spend them individually for now.

If you're using Electrum, you can send to your wallet addresses, and it should merge them into one UTXO.

Right. But you'll face high fees for 30 inputs. It's like 2000 vbytes which can get pricey. Remember, fees are based on the difference between inputs and outputs.

Yes, sat/vB matters. A Bitcoin price drop usually means more transactions, which can increase fees again.

Low fees generally happen during bear markets. Perfect time for consolidations.

Combining all small deposits into one wallet might not save you that much in fees. Use a good wallet for better cost efficiency.

Creating a transaction to spend all UTXOs is usually the best way to save on fees. But if any UTXOs are super tiny, that might change things.