Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Tanimariya on June 13, 2020, 12:14:11 PM
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Slip of the finger? Masochist? It’s not yet known. But over the past two days, an unknown wallet holder has paid some $5.2 million in transaction fees for two ether transactions.
Just before 10:00 UTC Wednesday, an unknown wallet holder sent 0.55 ether (ETH) (around $133) with a 10,666 ETH transaction fee – currently worth just under $2.6 million.
The fee went to Chinese mining group Spark Pool, which processed the transaction and may distribute the millions to its members. A normal transaction fee would likely be up to $0.50 or so, but can be manually set higher by a sender if they want to push a transaction through more quickly.
Around 4:00 UTC Thursday, the same address sent out another 350 ether (ETH) with another 10,668 ETH – worth $2.6 million – in transaction fees. The block was mined by the Ethermine pool.
The identities of both the sender and receiver are not yet known. But the sender has an ETH wallet balance worth more than $11 million – even after spending $2.6 million in transaction fees. In comparison, the receiver’s wallet is now empty, with past funds transferred out to other wallets.
Read more info: https://www.coindesk.com/whale-sent-130-ether-transaction-fee