diff --git a/wallet/walletrpc.c b/wallet/walletrpc.c
index 6ec384873a58..af33d905a330 100644
--- a/wallet/walletrpc.c
+++ b/wallet/walletrpc.c
@@ -1,10 +1,12 @@
 #include <bitcoin/address.h>
 #include <bitcoin/base58.h>
 #include <bitcoin/script.h>
+#include <bitcoin/tx.h>
 #include <ccan/cast/cast.h>
 #include <ccan/tal/str/str.h>
 #include <common/addr.h>
 #include <common/bech32.h>
+#include <common/coin_mvt.h>
 #include <common/json_command.h>
 #include <common/json_helpers.h>
 #include <common/jsonrpc_errors.h>
@@ -21,6 +23,7 @@
 #include <inttypes.h>
 #include <lightningd/bitcoind.h>
 #include <lightningd/chaintopology.h>
+#include <lightningd/coin_mvts.h>
 #include <lightningd/hsm_control.h>
 #include <lightningd/json.h>
 #include <lightningd/jsonrpc.h>
@@ -33,6 +36,78 @@
 #include <wally_bip32.h>
 #include <wire/wire_sync.h>
 
+static struct amount_sat compute_fee(const struct bitcoin_tx *tx,
+				     struct unreleased_tx *utx)
+{
+	size_t i;
+	bool ok;
+	struct amount_sat input_sum = AMOUNT_SAT(0);
+
+	/* ok so, the easiest thing to do is to add up all the inputs,
+	 * separately, and then compute the fee from the outputs.
+	 * 'normally' we'd just pass in the tx to `bitcoin_compute_fee`
+	 * but due to how serialization works, the input amounts aren't
+	 * preserved here */
+	/* FIXME: use `bitcoin_compute_fee` once input amounts
+	 * are preserved across the wire */
+	for (i = 0; i < tal_count(utx->wtx->utxos); i++) {
+		ok = amount_sat_add(&input_sum, input_sum,
+				    utx->wtx->utxos[i]->amount);
+		assert(ok);
+	}
+
+	return bitcoin_tx_compute_fee_w_inputs(tx, input_sum);
+}
+
+static void record_coin_moves(struct lightningd *ld,
+			      struct unreleased_tx *utx)
+{
+	struct amount_sat fees;
+	struct chain_coin_mvt *mvt;
+	size_t i;
+
+	/* record each of the outputs as a withdrawal */
+	for (i = 0; i < utx->tx->wtx->num_outputs; i++) {
+		struct amount_asset asset;
+		struct amount_sat sats;
+		asset = bitcoin_tx_output_get_amount(utx->tx, i);
+		if (elements_tx_output_is_fee(utx->tx, i) ||
+		    !amount_asset_is_main(&asset)) {
+			/* FIXME: handle non-btc withdrawals */
+			continue;
+		}
+		sats = amount_asset_to_sat(&asset);
+		mvt = new_chain_coin_mvt_sat(utx, "wallet", &utx->txid,
+					     &utx->txid, i, NULL,
+					     WITHDRAWAL, sats,
+					     false, BTC);
+		if (!mvt)
+			fatal("unable to convert %s to msat",
+			      type_to_string(tmpctx, struct amount_sat,
+					     &sats));
+		notify_chain_mvt(ld, mvt);
+	}
+
+	/* we can't use bitcoin_tx_compute_fee because the input
+	 * amounts aren't set... */
+	fees = compute_fee(utx->tx, utx);
+
+	/* Note that to figure out the *total* 'onchain'
+	 * cost of a channel, you'll want to also include
+	 * fees logged here, to the 'wallet' account (for funding tx).
+	 * You can do this in post by accounting for any 'chain_fees' logged for
+	 * the funding txid when looking at a channel. */
+	mvt = new_chain_coin_mvt_sat(utx, "wallet", &utx->txid,
+				     NULL, 0, NULL, CHAIN_FEES,
+				     fees, false, BTC);
+
+	if (!mvt)
+		fatal("unable to convert %s to msat",
+		      type_to_string(tmpctx, struct amount_sat, &fees));
+
+	notify_chain_mvt(ld, mvt);
+}
+
 /**
  * wallet_withdrawal_broadcast - The tx has been broadcast (or it failed)
  *
@@ -56,6 +131,7 @@ static void wallet_withdrawal_broadcast(struct bitcoind *bitcoind UNUSED,
 	if (success) {
 		/* Mark used outputs as spent */
 		wallet_confirm_utxos(ld->wallet, utx->wtx->utxos);
+		record_coin_moves(ld, utx);
 
 		/* Extract the change output and add it to the DB */
 		wallet_extract_owned_outputs(ld->wallet, utx->tx, NULL, &change);