diff --git a/backend/src/api/bitcoin/bitcoin-api-abstract-factory.ts b/backend/src/api/bitcoin/bitcoin-api-abstract-factory.ts
index a76b93e8d..f008e5ed8 100644
--- a/backend/src/api/bitcoin/bitcoin-api-abstract-factory.ts
+++ b/backend/src/api/bitcoin/bitcoin-api-abstract-factory.ts
@@ -24,6 +24,8 @@ export interface AbstractBitcoinApi {
   $getOutspend(txId: string, vout: number): Promise<IEsploraApi.Outspend>;
   $getOutspends(txId: string): Promise<IEsploraApi.Outspend[]>;
   $getBatchedOutspends(txId: string[]): Promise<IEsploraApi.Outspend[][]>;
+  $getBatchedOutspendsInternal(txId: string[]): Promise<IEsploraApi.Outspend[][]>;
+  $getOutSpendsByOutpoint(outpoints: { txid: string, vout: number }[]): Promise<IEsploraApi.Outspend[]>;
 
   startHealthChecks(): void;
 }
diff --git a/backend/src/api/bitcoin/bitcoin-api.ts b/backend/src/api/bitcoin/bitcoin-api.ts
index 1be7993b8..1722334df 100644
--- a/backend/src/api/bitcoin/bitcoin-api.ts
+++ b/backend/src/api/bitcoin/bitcoin-api.ts
@@ -60,8 +60,17 @@ class BitcoinApi implements AbstractBitcoinApi {
       });
   }
 
-  $getRawTransactions(txids: string[]): Promise<IEsploraApi.Transaction[]> {
-    throw new Error('Method getRawTransactions not supported by the Bitcoin RPC API.');
+  async $getRawTransactions(txids: string[]): Promise<IEsploraApi.Transaction[]> {
+    const txs: IEsploraApi.Transaction[] = [];
+    for (const txid of txids) {
+      try {
+        const tx = await this.$getRawTransaction(txid, false, true);
+        txs.push(tx);
+      } catch (err) {
+        // skip failures
+      }
+    }
+    return txs;
   }
 
   $getMempoolTransactions(txids: string[]): Promise<IEsploraApi.Transaction[]> {
@@ -202,6 +211,19 @@ class BitcoinApi implements AbstractBitcoinApi {
     return outspends;
   }
 
+  async $getBatchedOutspendsInternal(txId: string[]): Promise<IEsploraApi.Outspend[][]> {
+    return this.$getBatchedOutspends(txId);
+  }
+
+  async $getOutSpendsByOutpoint(outpoints: { txid: string, vout: number }[]): Promise<IEsploraApi.Outspend[]> {
+    const outspends: IEsploraApi.Outspend[] = [];
+    for (const outpoint of outpoints) {
+      const outspend = await this.$getOutspend(outpoint.txid, outpoint.vout);
+      outspends.push(outspend);
+    }
+    return outspends;
+  }
+
   $getEstimatedHashrate(blockHeight: number): Promise<number> {
     // 120 is the default block span in Core
     return this.bitcoindClient.getNetworkHashPs(120, blockHeight);
diff --git a/backend/src/api/bitcoin/bitcoin.routes.ts b/backend/src/api/bitcoin/bitcoin.routes.ts
index 105b0be14..1d766a407 100644
--- a/backend/src/api/bitcoin/bitcoin.routes.ts
+++ b/backend/src/api/bitcoin/bitcoin.routes.ts
@@ -24,7 +24,6 @@ class BitcoinRoutes {
   public initRoutes(app: Application) {
     app
       .get(config.MEMPOOL.API_URL_PREFIX + 'transaction-times', this.getTransactionTimes)
-      .get(config.MEMPOOL.API_URL_PREFIX + 'outspends', this.$getBatchedOutspends)
       .get(config.MEMPOOL.API_URL_PREFIX + 'cpfp/:txId', this.$getCpfpInfo)
       .get(config.MEMPOOL.API_URL_PREFIX + 'difficulty-adjustment', this.getDifficultyChange)
       .get(config.MEMPOOL.API_URL_PREFIX + 'fees/recommended', this.getRecommendedFees)
@@ -112,6 +111,7 @@ class BitcoinRoutes {
           .get(config.MEMPOOL.API_URL_PREFIX + 'tx/:txId/hex', this.getRawTransaction)
           .get(config.MEMPOOL.API_URL_PREFIX + 'tx/:txId/status', this.getTransactionStatus)
           .get(config.MEMPOOL.API_URL_PREFIX + 'tx/:txId/outspends', this.getTransactionOutspends)
+          .get(config.MEMPOOL.API_URL_PREFIX + 'txs/outspends', this.$getBatchedOutspends)
           .get(config.MEMPOOL.API_URL_PREFIX + 'block/:hash/header', this.getBlockHeader)
           .get(config.MEMPOOL.API_URL_PREFIX + 'blocks/tip/hash', this.getBlockTipHash)
           .get(config.MEMPOOL.API_URL_PREFIX + 'block/:hash/raw', this.getRawBlock)
@@ -174,24 +174,20 @@ class BitcoinRoutes {
     res.json(times);
   }
 
-  private async $getBatchedOutspends(req: Request, res: Response) {
-    if (!Array.isArray(req.query.txId)) {
-      res.status(500).send('Not an array');
+  private async $getBatchedOutspends(req: Request, res: Response): Promise<IEsploraApi.Outspend[][] | void> {
+    const txids_csv = req.query.txids;
+    if (!txids_csv || typeof txids_csv !== 'string') {
+      res.status(500).send('Invalid txids format');
       return;
     }
-    if (req.query.txId.length > 50) {
+    const txids = txids_csv.split(',');
+    if (txids.length > 50) {
       res.status(400).send('Too many txids requested');
       return;
     }
-    const txIds: string[] = [];
-    for (const _txId in req.query.txId) {
-      if (typeof req.query.txId[_txId] === 'string') {
-        txIds.push(req.query.txId[_txId].toString());
-      }
-    }
 
     try {
-      const batchedOutspends = await bitcoinApi.$getBatchedOutspends(txIds);
+      const batchedOutspends = await bitcoinApi.$getBatchedOutspends(txids);
       res.json(batchedOutspends);
     } catch (e) {
       res.status(500).send(e instanceof Error ? e.message : e);
diff --git a/backend/src/api/bitcoin/esplora-api.ts b/backend/src/api/bitcoin/esplora-api.ts
index d980ad980..19800cd21 100644
--- a/backend/src/api/bitcoin/esplora-api.ts
+++ b/backend/src/api/bitcoin/esplora-api.ts
@@ -174,6 +174,9 @@ class FailoverRouter {
       axiosConfig = { timeout: config.ESPLORA.REQUEST_TIMEOUT, responseType };
       url = host.host + path;
     }
+    if (data?.params) {
+      axiosConfig.params = data.params;
+    }
     return (method === 'post'
         ? this.requestConnection.post<T>(url, data, axiosConfig)
         : this.requestConnection.get<T>(url, axiosConfig)
@@ -194,8 +197,8 @@ class FailoverRouter {
       });
   }
 
-  public async $get<T>(path, responseType = 'json'): Promise<T> {
-    return this.$query<T>('get', path, null, responseType);
+  public async $get<T>(path, responseType = 'json', params: any = null): Promise<T> {
+    return this.$query<T>('get', path, params ? { params } : null, responseType);
   }
 
   public async $post<T>(path, data: any, responseType = 'json'): Promise<T> {
@@ -295,13 +298,16 @@ class ElectrsApi implements AbstractBitcoinApi {
     return this.failoverRouter.$get<IEsploraApi.Outspend[]>('/tx/' + txId + '/outspends');
   }
 
-  async $getBatchedOutspends(txId: string[]): Promise<IEsploraApi.Outspend[][]> {
-    const outspends: IEsploraApi.Outspend[][] = [];
-    for (const tx of txId) {
-      const outspend = await this.$getOutspends(tx);
-      outspends.push(outspend);
-    }
-    return outspends;
+  async $getBatchedOutspends(txids: string[]): Promise<IEsploraApi.Outspend[][]> {
+    throw new Error('Method not implemented.');
+  }
+
+  async $getBatchedOutspendsInternal(txids: string[]): Promise<IEsploraApi.Outspend[][]> {
+    return this.failoverRouter.$post<IEsploraApi.Outspend[][]>('/internal/txs/outspends/by-txid', txids, 'json');
+  }
+
+  async $getOutSpendsByOutpoint(outpoints: { txid: string, vout: number }[]): Promise<IEsploraApi.Outspend[]> {
+    return this.failoverRouter.$post<IEsploraApi.Outspend[]>('/internal/txs/outspends/by-outpoint', outpoints.map(out => `${out.txid}:${out.vout}`), 'json');
   }
 
   public startHealthChecks(): void {
diff --git a/backend/src/tasks/lightning/forensics.service.ts b/backend/src/tasks/lightning/forensics.service.ts
index 65ea61dc1..584dd3c79 100644
--- a/backend/src/tasks/lightning/forensics.service.ts
+++ b/backend/src/tasks/lightning/forensics.service.ts
@@ -15,8 +15,6 @@ class ForensicsService {
   txCache: { [txid: string]: IEsploraApi.Transaction } = {};
   tempCached: string[] = [];
 
-  constructor() {}
-
   public async $startService(): Promise<void> {
     logger.info('Starting lightning network forensics service');
 
@@ -66,93 +64,138 @@ class ForensicsService {
   */
 
   public async $runClosedChannelsForensics(onlyNewChannels: boolean = false): Promise<void> {
+    // Only Esplora backend can retrieve spent transaction outputs
     if (config.MEMPOOL.BACKEND !== 'esplora') {
       return;
     }
 
-    let progress = 0;
-
     try {
       logger.debug(`Started running closed channel forensics...`);
-      let channels;
+      let allChannels;
       if (onlyNewChannels) {
-        channels = await channelsApi.$getClosedChannelsWithoutReason();
+        allChannels = await channelsApi.$getClosedChannelsWithoutReason();
       } else {
-        channels = await channelsApi.$getUnresolvedClosedChannels();
+        allChannels = await channelsApi.$getUnresolvedClosedChannels();
       }
 
-      for (const channel of channels) {
-        let reason = 0;
-        let resolvedForceClose = false;
-        // Only Esplora backend can retrieve spent transaction outputs
-        const cached: string[] = [];
+      let progress = 0;
+      const sliceLength = 1000;
+      // process batches of 1000 channels
+      for (let i = 0; i < Math.ceil(allChannels.length / sliceLength); i++) {
+        const channels = allChannels.slice(i * sliceLength, (i + 1) * sliceLength);
+
+        let allOutspends: IEsploraApi.Outspend[][] = [];
+        const forceClosedChannels: { channel: any, cachedSpends: string[] }[] = [];
+
+        // fetch outspends in bulk
         try {
-          let outspends: IEsploraApi.Outspend[] | undefined;
-          try {
-            outspends = await bitcoinApi.$getOutspends(channel.closing_transaction_id);
-            await Common.sleep$(config.LIGHTNING.FORENSICS_RATE_LIMIT);
-          } catch (e) {
-            logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/tx/' + channel.closing_transaction_id + '/outspends'}. Reason ${e instanceof Error ? e.message : e}`);
-            continue;
-          }
-          const lightningScriptReasons: number[] = [];
+          const outspendTxids = channels.map(channel => channel.closing_transaction_id);
+          allOutspends = await bitcoinApi.$getBatchedOutspendsInternal(outspendTxids);
+          logger.info(`Fetched outspends for ${allOutspends.length} txs from esplora for LN forensics`);
+          await Common.sleep$(config.LIGHTNING.FORENSICS_RATE_LIMIT);
+        } catch (e) {
+          logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/internal/txs/outspends/by-txid'}. Reason ${e instanceof Error ? e.message : e}`);
+        }
+        // fetch spending transactions in bulk and load into txCache
+        const newSpendingTxids: { [txid: string]: boolean } = {};
+        for (const outspends of allOutspends) {
           for (const outspend of outspends) {
             if (outspend.spent && outspend.txid) {
-              let spendingTx = await this.fetchTransaction(outspend.txid);
-              if (!spendingTx) {
-                continue;
-              }
-              cached.push(spendingTx.txid);
-              const lightningScript = this.findLightningScript(spendingTx.vin[outspend.vin || 0]);
-              lightningScriptReasons.push(lightningScript);
+              newSpendingTxids[outspend.txid] = true;
             }
           }
-          const filteredReasons = lightningScriptReasons.filter((r) => r !== 1);
-          if (filteredReasons.length) {
-            if (filteredReasons.some((r) => r === 2 || r === 4)) {
-              reason = 3;
-            } else {
-              reason = 2;
-              resolvedForceClose = true;
-            }
-          } else {
-            /*
-              We can detect a commitment transaction (force close) by reading Sequence and Locktime
-              https://github.com/lightning/bolts/blob/master/03-transactions.md#commitment-transaction
-            */
-            let closingTx = await this.fetchTransaction(channel.closing_transaction_id, true);
-            if (!closingTx) {
+        }
+        const allOutspendTxs = await this.fetchTransactions(
+          allOutspends.flatMap(outspends =>
+            outspends
+              .filter(outspend => outspend.spent && outspend.txid)
+              .map(outspend => outspend.txid)
+          )
+        );
+        logger.info(`Fetched ${allOutspendTxs.length} out-spending txs from esplora for LN forensics`);
+
+        // process each outspend
+        for (const [index, channel] of channels.entries()) {
+          let reason = 0;
+          const cached: string[] = [];
+          try {
+            const outspends = allOutspends[index];
+            if (!outspends || !outspends.length) {
+              // outspends are missing
               continue;
             }
-            cached.push(closingTx.txid);
-            const sequenceHex: string = closingTx.vin[0].sequence.toString(16);
-            const locktimeHex: string = closingTx.locktime.toString(16);
-            if (sequenceHex.substring(0, 2) === '80' && locktimeHex.substring(0, 2) === '20') {
-              reason = 2; // Here we can't be sure if it's a penalty or not
-            } else {
-              reason = 1;
+            const lightningScriptReasons: number[] = [];
+            for (const outspend of outspends) {
+              if (outspend.spent && outspend.txid) {
+                const spendingTx = this.txCache[outspend.txid];
+                if (!spendingTx) {
+                  continue;
+                }
+                cached.push(spendingTx.txid);
+                const lightningScript = this.findLightningScript(spendingTx.vin[outspend.vin || 0]);
+                lightningScriptReasons.push(lightningScript);
+              }
             }
-          }
-          if (reason) {
-            logger.debug('Setting closing reason ' + reason + ' for channel: ' + channel.id + '.');
-            await DB.query(`UPDATE channels SET closing_reason = ? WHERE id = ?`, [reason, channel.id]);
-            if (reason === 2 && resolvedForceClose) {
-              await DB.query(`UPDATE channels SET closing_resolved = ? WHERE id = ?`, [true, channel.id]);
-            }
-            if (reason !== 2 || resolvedForceClose) {
+            const filteredReasons = lightningScriptReasons.filter((r) => r !== 1);
+            if (filteredReasons.length) {
+              if (filteredReasons.some((r) => r === 2 || r === 4)) {
+                // Force closed with penalty
+                reason = 3;
+              } else {
+                // Force closed without penalty
+                reason = 2;
+                await DB.query(`UPDATE channels SET closing_resolved = ? WHERE id = ?`, [true, channel.id]);
+              }
+              await DB.query(`UPDATE channels SET closing_reason = ? WHERE id = ?`, [reason, channel.id]);
+              // clean up cached transactions
               cached.forEach(txid => {
                 delete this.txCache[txid];
               });
+            } else {
+              forceClosedChannels.push({ channel, cachedSpends: cached });
             }
+          } catch (e) {
+            logger.err(`$runClosedChannelsForensics() failed for channel ${channel.short_id}. Reason: ${e instanceof Error ? e.message : e}`);
           }
-        } catch (e) {
-          logger.err(`$runClosedChannelsForensics() failed for channel ${channel.short_id}. Reason: ${e instanceof Error ? e.message : e}`);
         }
 
-        ++progress;
+        // fetch force-closing transactions in bulk
+        const closingTxs = await this.fetchTransactions(forceClosedChannels.map(x => x.channel.closing_transaction_id));
+        logger.info(`Fetched ${closingTxs.length} closing txs from esplora for LN forensics`);
+
+        // process channels with no lightning script reasons
+        for (const { channel, cachedSpends } of forceClosedChannels) {
+          const closingTx = this.txCache[channel.closing_transaction_id];
+          if (!closingTx) {
+            // no channel close transaction found yet
+            continue;
+          }
+          /*
+            We can detect a commitment transaction (force close) by reading Sequence and Locktime
+            https://github.com/lightning/bolts/blob/master/03-transactions.md#commitment-transaction
+          */
+          const sequenceHex: string = closingTx.vin[0].sequence.toString(16);
+          const locktimeHex: string = closingTx.locktime.toString(16);
+          let reason;
+          if (sequenceHex.substring(0, 2) === '80' && locktimeHex.substring(0, 2) === '20') {
+            // Force closed, but we can't be sure if it's a penalty or not
+            reason = 2;
+          } else {
+            // Mutually closed
+            reason = 1;
+            // clean up cached transactions
+            delete this.txCache[closingTx.txid];
+            for (const txid of cachedSpends) {
+              delete this.txCache[txid];
+            }
+          }
+          await DB.query(`UPDATE channels SET closing_reason = ? WHERE id = ?`, [reason, channel.id]);
+        }
+
+        progress += channels.length;
         const elapsedSeconds = Math.round((new Date().getTime() / 1000) - this.loggerTimer);
         if (elapsedSeconds > 10) {
-          logger.debug(`Updating channel closed channel forensics ${progress}/${channels.length}`);
+          logger.debug(`Updating channel closed channel forensics ${progress}/${allChannels.length}`);
           this.loggerTimer = new Date().getTime() / 1000;
         }
       }
@@ -220,8 +263,11 @@ class ForensicsService {
       logger.debug(`Started running open channel forensics...`);
       const channels = await channelsApi.$getChannelsWithoutSourceChecked();
 
+      // preload open channel transactions
+      await this.fetchTransactions(channels.map(channel => channel.transaction_id), true);
+
       for (const openChannel of channels) {
-        let openTx = await this.fetchTransaction(openChannel.transaction_id, true);
+        const openTx = this.txCache[openChannel.transaction_id];
         if (!openTx) {
           continue;
         }
@@ -276,7 +322,7 @@ class ForensicsService {
 
   // Check if a channel open tx input spends the result of a swept channel close output
   private async $attributeSweptChannelCloses(openChannel: ILightningApi.Channel, input: IEsploraApi.Vin): Promise<void> {
-    let sweepTx = await this.fetchTransaction(input.txid, true);
+    const sweepTx = await this.fetchTransaction(input.txid, true);
     if (!sweepTx) {
       logger.err(`couldn't find input transaction for channel forensics ${openChannel.channel_id} ${input.txid}`);
       return;
@@ -335,7 +381,7 @@ class ForensicsService {
 
     if (matched && !ambiguous) {
       // fetch closing channel transaction and perform forensics on the outputs
-      let prevChannelTx = await this.fetchTransaction(input.txid, true);
+      const prevChannelTx = await this.fetchTransaction(input.txid, true);
       let outspends: IEsploraApi.Outspend[] | undefined;
       try {
         outspends = await bitcoinApi.$getOutspends(input.txid);
@@ -355,17 +401,17 @@ class ForensicsService {
             };
           });
         }
+
+        // preload outspend transactions
+        await this.fetchTransactions(outspends.filter(o => o.spent && o.txid).map(o => o.txid), true);
+
         for (let i = 0; i < outspends?.length; i++) {
           const outspend = outspends[i];
           const output = prevChannel.outputs[i];
           if (outspend.spent && outspend.txid) {
-            try {
-              const spendingTx = await this.fetchTransaction(outspend.txid, true);
-              if (spendingTx) {
-                output.type = this.findLightningScript(spendingTx.vin[outspend.vin || 0]);
-              }
-            } catch (e) {
-              logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/tx/' + outspend.txid}. Reason ${e instanceof Error ? e.message : e}`);
+            const spendingTx = this.txCache[outspend.txid];
+            if (spendingTx) {
+              output.type = this.findLightningScript(spendingTx.vin[outspend.vin || 0]);
             }
           } else {
             output.type = 0;
@@ -430,13 +476,36 @@ class ForensicsService {
         }
         await Common.sleep$(config.LIGHTNING.FORENSICS_RATE_LIMIT);
       } catch (e) {
-        logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/tx/' + txid + '/outspends'}. Reason ${e instanceof Error ? e.message : e}`);
+        logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/tx/' + txid}. Reason ${e instanceof Error ? e.message : e}`);
         return null;
       }
     }
     return tx;
   }
 
+  // fetches a batch of transactions and adds them to the txCache
+  // the returned list of txs does *not* preserve ordering or number
+  async fetchTransactions(txids, temp: boolean = false): Promise<(IEsploraApi.Transaction | null)[]> {
+    // deduplicate txids
+    const uniqueTxids = [...new Set<string>(txids)];
+    // filter out any transactions we already have in the cache
+    const needToFetch: string[] = uniqueTxids.filter(txid => !this.txCache[txid]);
+    try {
+      const txs = await bitcoinApi.$getRawTransactions(needToFetch);
+      for (const tx of txs) {
+        this.txCache[tx.txid] = tx;
+        if (temp) {
+          this.tempCached.push(tx.txid);
+        }
+      }
+      await Common.sleep$(config.LIGHTNING.FORENSICS_RATE_LIMIT);
+    } catch (e) {
+      logger.err(`Failed to call ${config.ESPLORA.REST_API_URL + '/txs'}. Reason ${e instanceof Error ? e.message : e}`);
+      return [];
+    }
+    return txids.map(txid => this.txCache[txid]);
+  }
+
   clearTempCache(): void {
     for (const txid of this.tempCached) {
       delete this.txCache[txid];
diff --git a/backend/src/tasks/lightning/network-sync.service.ts b/backend/src/tasks/lightning/network-sync.service.ts
index 963b9e8c2..dc0d609fa 100644
--- a/backend/src/tasks/lightning/network-sync.service.ts
+++ b/backend/src/tasks/lightning/network-sync.service.ts
@@ -288,22 +288,32 @@ class NetworkSyncService {
       }
       logger.debug(`${log}`, logger.tags.ln);
 
-      const channels = await channelsApi.$getChannelsByStatus([0, 1]);
-      for (const channel of channels) {
-        const spendingTx = await bitcoinApi.$getOutspend(channel.transaction_id, channel.transaction_vout);
-        if (spendingTx.spent === true && spendingTx.status?.confirmed === true) {
-          logger.debug(`Marking channel: ${channel.id} as closed.`, logger.tags.ln);
-          await DB.query(`UPDATE channels SET status = 2, closing_date = FROM_UNIXTIME(?) WHERE id = ?`,
-            [spendingTx.status.block_time, channel.id]);
-          if (spendingTx.txid && !channel.closing_transaction_id) {
-            await DB.query(`UPDATE channels SET closing_transaction_id = ? WHERE id = ?`, [spendingTx.txid, channel.id]);
+      const allChannels = await channelsApi.$getChannelsByStatus([0, 1]);
+
+      const sliceLength = 5000;
+      // process batches of 5000 channels
+      for (let i = 0; i < Math.ceil(allChannels.length / sliceLength); i++) {
+        const channels = allChannels.slice(i * sliceLength, (i + 1) * sliceLength);
+        const outspends = await bitcoinApi.$getOutSpendsByOutpoint(channels.map(channel => {
+          return { txid: channel.transaction_id, vout: channel.transaction_vout };
+        }));
+
+        for (const [index, channel] of channels.entries()) {
+          const spendingTx = outspends[index];
+          if (spendingTx.spent === true && spendingTx.status?.confirmed === true) {
+            // logger.debug(`Marking channel: ${channel.id} as closed.`, logger.tags.ln);
+            await DB.query(`UPDATE channels SET status = 2, closing_date = FROM_UNIXTIME(?) WHERE id = ?`,
+              [spendingTx.status.block_time, channel.id]);
+            if (spendingTx.txid && !channel.closing_transaction_id) {
+              await DB.query(`UPDATE channels SET closing_transaction_id = ? WHERE id = ?`, [spendingTx.txid, channel.id]);
+            }
           }
         }
 
-        ++progress;
+        progress += channels.length;
         const elapsedSeconds = Math.round((new Date().getTime() / 1000) - this.loggerTimer);
         if (elapsedSeconds > config.LIGHTNING.LOGGER_UPDATE_INTERVAL) {
-          logger.debug(`Checking if channel has been closed ${progress}/${channels.length}`, logger.tags.ln);
+          logger.debug(`Checking if channel has been closed ${progress}/${allChannels.length}`, logger.tags.ln);
           this.loggerTimer = new Date().getTime() / 1000;
         }
       }
diff --git a/frontend/src/app/components/transactions-list/transactions-list.component.ts b/frontend/src/app/components/transactions-list/transactions-list.component.ts
index 05d74a75d..d066d3583 100644
--- a/frontend/src/app/components/transactions-list/transactions-list.component.ts
+++ b/frontend/src/app/components/transactions-list/transactions-list.component.ts
@@ -75,7 +75,7 @@ export class TransactionsListComponent implements OnInit, OnChanges {
               for (let i = 0; i < txIds.length; i += 50) {
                 batches.push(txIds.slice(i, i + 50));
               }
-              return forkJoin(batches.map(batch => { return this.apiService.cachedRequest(this.apiService.getOutspendsBatched$, 250, batch); }));
+              return forkJoin(batches.map(batch => { return this.electrsApiService.cachedRequest(this.electrsApiService.getOutspendsBatched$, 250, batch); }));
             } else {
               return of([]);
             }
diff --git a/frontend/src/app/components/tx-bowtie-graph/tx-bowtie-graph.component.ts b/frontend/src/app/components/tx-bowtie-graph/tx-bowtie-graph.component.ts
index 3bc352a35..043c9ea3b 100644
--- a/frontend/src/app/components/tx-bowtie-graph/tx-bowtie-graph.component.ts
+++ b/frontend/src/app/components/tx-bowtie-graph/tx-bowtie-graph.component.ts
@@ -8,6 +8,7 @@ import { ApiService } from '../../services/api.service';
 import { RelativeUrlPipe } from '../../shared/pipes/relative-url/relative-url.pipe';
 import { AssetsService } from '../../services/assets.service';
 import { environment } from '../../../environments/environment';
+import { ElectrsApiService } from '../../services/electrs-api.service';
 
 interface SvgLine {
   path: string;
@@ -100,7 +101,7 @@ export class TxBowtieGraphComponent implements OnInit, OnChanges {
     private router: Router,
     private relativeUrlPipe: RelativeUrlPipe,
     private stateService: StateService,
-    private apiService: ApiService,
+    private electrsApiService: ElectrsApiService,
     private assetsService: AssetsService,
     @Inject(LOCALE_ID) private locale: string,
   ) {
@@ -123,7 +124,7 @@ export class TxBowtieGraphComponent implements OnInit, OnChanges {
         .pipe(
           switchMap((txid) => {
             if (!this.cached) {
-              return this.apiService.cachedRequest(this.apiService.getOutspendsBatched$, 250, [txid]);
+              return this.electrsApiService.cachedRequest(this.electrsApiService.getOutspendsBatched$, 250, [txid]);
             } else {
               return of(null);
             }
diff --git a/frontend/src/app/services/api.service.ts b/frontend/src/app/services/api.service.ts
index 046b27812..cd5dd1ae6 100644
--- a/frontend/src/app/services/api.service.ts
+++ b/frontend/src/app/services/api.service.ts
@@ -138,14 +138,6 @@ export class ApiService {
     return this.httpClient.get<number[]>(this.apiBaseUrl + this.apiBasePath + '/api/v1/transaction-times', { params });
   }
 
-  getOutspendsBatched$(txIds: string[]): Observable<Outspend[][]> {
-    let params = new HttpParams();
-    txIds.forEach((txId: string) => {
-      params = params.append('txId[]', txId);
-    });
-    return this.httpClient.get<Outspend[][]>(this.apiBaseUrl + this.apiBasePath + '/api/v1/outspends', { params });
-  }
-
   getAboutPageProfiles$(): Observable<any[]> {
     return this.httpClient.get<any[]>(this.apiBaseUrl + '/api/v1/services/sponsors');
   }
diff --git a/frontend/src/app/services/electrs-api.service.ts b/frontend/src/app/services/electrs-api.service.ts
index d63d49f68..eaa1ab52d 100644
--- a/frontend/src/app/services/electrs-api.service.ts
+++ b/frontend/src/app/services/electrs-api.service.ts
@@ -1,6 +1,6 @@
 import { Injectable } from '@angular/core';
 import { HttpClient, HttpParams } from '@angular/common/http';
-import { Observable, from, of, switchMap } from 'rxjs';
+import { BehaviorSubject, Observable, catchError, filter, from, of, shareReplay, switchMap, take, tap } from 'rxjs';
 import { Transaction, Address, Outspend, Recent, Asset, ScriptHash } from '../interfaces/electrs.interface';
 import { StateService } from './state.service';
 import { BlockExtended } from '../interfaces/node-api.interface';
@@ -13,6 +13,8 @@ export class ElectrsApiService {
   private apiBaseUrl: string; // base URL is protocol, hostname, and port
   private apiBasePath: string; // network path is /testnet, etc. or '' for mainnet
 
+  private requestCache = new Map<string, { subject: BehaviorSubject<any>, expiry: number }>;
+
   constructor(
     private httpClient: HttpClient,
     private stateService: StateService,
@@ -30,6 +32,46 @@ export class ElectrsApiService {
     });
   }
 
+  private generateCacheKey(functionName: string, params: any[]): string {
+    return functionName + JSON.stringify(params);
+  }
+
+  // delete expired cache entries
+  private cleanExpiredCache(): void {
+    this.requestCache.forEach((value, key) => {
+      if (value.expiry < Date.now()) {
+        this.requestCache.delete(key);
+      }
+    });
+  }
+
+  cachedRequest<T, F extends (...args: any[]) => Observable<T>>(
+    apiFunction: F,
+    expireAfter: number, // in ms
+    ...params: Parameters<F>
+  ): Observable<T> {
+    this.cleanExpiredCache();
+
+    const cacheKey = this.generateCacheKey(apiFunction.name, params);
+    if (!this.requestCache.has(cacheKey)) {
+      const subject = new BehaviorSubject<T | null>(null);
+      this.requestCache.set(cacheKey, { subject, expiry: Date.now() + expireAfter });
+
+      apiFunction.bind(this)(...params).pipe(
+        tap(data => {
+          subject.next(data as T);
+        }),
+        catchError((error) => {
+          subject.error(error);
+          return of(null);
+        }),
+        shareReplay(1),
+      ).subscribe();
+    }
+
+    return this.requestCache.get(cacheKey).subject.asObservable().pipe(filter(val => val !== null), take(1));
+  }
+
   getBlock$(hash: string): Observable<BlockExtended> {
     return this.httpClient.get<BlockExtended>(this.apiBaseUrl + this.apiBasePath + '/api/block/' + hash);
   }
@@ -54,6 +96,12 @@ export class ElectrsApiService {
     return this.httpClient.get<Outspend[]>(this.apiBaseUrl + this.apiBasePath + '/api/tx/' + hash + '/outspends');
   }
 
+  getOutspendsBatched$(txids: string[]): Observable<Outspend[][]> {
+    let params = new HttpParams();
+    params = params.append('txids', txids.join(','));
+    return this.httpClient.get<Outspend[][]>(this.apiBaseUrl + this.apiBasePath + '/api/txs/outspends', { params });
+  }
+
   getBlockTransactions$(hash: string, index: number = 0): Observable<Transaction[]> {
     return this.httpClient.get<Transaction[]>(this.apiBaseUrl + this.apiBasePath + '/api/block/' + hash + '/txs/' + index);
   }