Bitcoin UTXO Consolidation

Describe the problem:

At the start of this year, I consolidated 23 UTXOs into a single UTXO. Koinly is showing that transaction as a £25k gain. Consolidating UTXOs from/to the same wallet shouldn’t warrant a gain; the transaction is auto-selected as ‘Cost’ by Koinly.

Which exchange/wallet is this regarding?

Cold wallet

How did you import data into this wallet?

xPub

What have you tried to fix this so far?

Google Search to try and understand how to fix this error, then tried to edit the error, but Koinly won’t let me input the values required. Either because the received amount is higher than the send amount of because the transaction is sent from and received to the same wallet.

Hi @Aaron

Please reach out to our support team to look into this.