Notification
Mycryptopot
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
Reading: This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing
Share
bitcoin
Bitcoin (BTC) $ 64,406.00
ethereum
Ethereum (ETH) $ 1,908.55
tether
Tether (USDT) $ 0.999219
bnb
BNB (BNB) $ 589.96
usd-coin
USDC (USDC) $ 0.999586
xrp
XRP (XRP) $ 1.04
binance-usd
BUSD (BUSD) $ 1.02
dogecoin
Dogecoin (DOGE) $ 0.06871
cardano
Cardano (ADA) $ 0.202111
solana
Solana (SOL) $ 72.77
polkadot
Polkadot (DOT) $ 0.821688
tron
TRON (TRX) $ 0.326853
MycryptopotMycryptopot
Search
  • Home
  • News
  • Crypto
    • Altcoins
    • Bitcoin
    • Blockchain
    • Cardano
    • Ethereum
    • Nft
    • Solana
    • XRP
    • Tron
  • MarketCap
  • Market
  • Forex
  • Mining
  • Metaverse
  • Exchange
  • Regulations
  • Analysis
    • Crypto Bubbles
    • Multi Currency
    • Evaluation
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Mycryptopot > News > Crypto > Ethereum > This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing
Ethereum

This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing

October 14, 2024 4 Min Read
Share
This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing
mycryptopot

A pockets spent 288 ETH as transaction charges and ended up sending nothing, triggering widespread reactions within the crypto group.

In right this moment’s Ethereum information, one other enormous transaction charge was paid on the Ethereum community. In keeping with blockchain transaction tracker Whale Alert, a person paid a staggering 288 ETH for a single transaction.

mycryptopot

One of the vital fascinating developments across the transaction, moreover its magnanimous transaction charge, was that the person ended up transferring nothing to the receiving tackle. Per Etherscan, the pockets tackle despatched 0 ETH to the receiving tackle, whereas paying 288 ETH as charge.

Notably, the 288 ETH transaction charge was value $700,402 on the time of writing, with Ether buying and selling at $2,429 per coin. Knowledge from Etherscan exhibits that the transaction occurred right this moment at 4:22 AM UTC.

Fats Finger?

The explanations behind the substantial transaction charge stay unknown at press time. Nevertheless, the character of the transaction appeared like a fats finger.

For context, a fats finger refers to an unintended or clumsy enter of figures, leading to extreme numbers being typed. An error equivalent to this might end in community members inputting the figures meant for the transaction measurement part within the transaction charge part.

mycryptopot

Notably, after the misguided transaction, the pockets tackle concerned made one other switch. This time, it paid a charge of $0.1 to switch 96 ETH to MevRefund, a white hat hacker and on-chain researcher. This subsequent switch additional bolstered hypothesis across the fats finger principle.

Nevertheless, MevRefund flagged the sending tackle within the transaction as a compromised pockets. In a tweet, MevRefund insinuated that the hacker deliberately paid the outrageous transaction charges, seeing that the tackle to which he was sending the stolen funds had been feezed.

Hello @stakefish , I am serving to whitehat a compromised withdrawal tackle.

Sadly, it appears that evidently if the dangerous guys cannot have it, no one can 😢

Any probability you’ll be able to return these stolen funds to the rightful proprietor?https://t.co/4TPQ4U6vuG pic.twitter.com/PA5CxbXayH

— MevRefund (@MevRefund) October 8, 2024

Different Enormous Transaction Charges Paid

Notably, the latest 288 ETH transaction charge is the newest in a collection of comparable incidents. The very best transaction charge ever paid for a single transaction within the community stays the 7,676 ETH ($23.5 million), a determine paid by crypto trade Bitfinex final 12 months.

An earlier report exhibits that one other person paid 34.62 ETH, valued at $92,504. Curiously, the pockets paid extra in charges than it transferred, as knowledge confirmed it moved a mere 0.87 ETH.

One other person additionally paid 121.56 ETH ($157,764) to switch 183 ETH ($237,502). Notably, this transaction charge was 78,882% greater than the common $2 charge on the Ethereum community.

Contents
Fats Finger?Different Enormous Transaction Charges Paid
mycryptopot

You Might Also Like

ETH tanks as whales dump, but traders are still betting on a new high

Bitmine rallied to over $135 after announcing ETH treasury

Analyst Shares ‘Realistic’ Ethereum Price Targets For The Next 3 Years

Trump’s WLFI Ethereum Bet Grows: Wallet Now Holds $281M In ETH

Ethereum Price Extends Losses, $2,000 Support Faces Breakdown Risk

TAGGED:EthereumEthereum News
Share This Article
Facebook Twitter Copy Link
Previous Article Bitcoin Whale Raises Holdings by 200 $BTC Following $181M in Gains Bitcoin Whale Raises Holdings by 200 $BTC Following $181M in Gains
Next Article Bitcoin Mining Profitability Fell in September, Jefferies Says Bitcoin Mining Profitability Fell in September, Jefferies Says
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

- Advertisement -
mycryptopot

Popular News

Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
Tangle Network Partners with Orochi Network to Advance Blockchain Capabilities
SONEX launches on Soneium’s mainnet 
SONEX launches on Soneium’s mainnet 
Shiba Inu
Solana Unveils “Seeker” Phone: Will SOL Spike To $250 Now?
Shiba Inu
Cardano: Recent Poll Has ADA Beating Out Ethereum & Solana
google round logo
Alphabet (GOOGL) Stock Slips as AI Leadership Changes
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
Highlights From ABS2024 In Taipei: 13,245 Attendees Gather For Asia’s Premier Blockchain Summit
- Advertisement -
mycryptopot

You Might Also Like

Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View
Ethereum

Ethereum Price Reaches Last H1 Support, Next Major Resistance Comes Into View

April 30, 2025
image
Ethereum

Ethereum price eyes capitulation toward $900 as the trading range remains intact

February 5, 2026
image
Ethereum

Ether could see the ‘biggest bear trap’ this month: Analysts

September 2, 2025
image
Ethereum

F2Pool Co-Founder Wang Chun Deposits $30.5M in ETH and WBTC to Binance Amid Broader $220M Withdrawal Pattern

July 7, 2026
Mycryptopot

"Welcome to MyCryptoPot, your go-to source for the latest insights and developments in the ever-evolving world of cryptocurrency.

Editor Choice

Malaysia does not want to “be left behind” and is preparing to regulate bitcoin
Bitcoin’s $40,000 put becomes second-largest options bet ahead of February expiry next week
Ethereum Spot ETF Outflows Reach 30-Day High as Price Approaches Yearly Low

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Facebook Twitter Telegram
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Service
Reading: This User Just Paid $700,402 as Ethereum Transaction Fees to Send Nothing
Share
© 2024 All Rights reserved | Powered by Crypto My Crypto Pot
Welcome Back!

Sign in to your account

Lost your password?