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  • Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History
  • Crypto

Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History

cryptovert November 24, 2023 1 min read

Someone
paid
$3.1
million
in
transaction
fees
for
a
bitcoin

(BTC)

transfer
on
Thursday.
Bitcoin
miner
Antpool
was
rewarded
for
mining
the
block.
It
received
the
standard
6.25
BTC
as
well
as
85.2163
BTC
in
fees
for
all
transactions
included
in
the
block,

on-chain
data
shows
.

Today’s
transfer,
mined
in

block
818087
,
becomes
the
largest
transaction
fee
paid
in
bitcoin’s
14-year
history.

The
sender’s
wallet
was
set
up
just
minutes
before
the
transfer,
and
the
recipient
received
only
55.78
BTC
of
the
original
139.42
BTC
that
was
sent.

In
September,

F2Pool
returned
a
19.8
BTC
fee

that
was
mistakenly
sent
by
Paxos.
AntPool,
a
mining
pool
owned
by
Bitmain,
has
not
published
an
announcement
in
relation
to
the
overpaid
fee.

Recently,
bitcoin
fees
have
experienced
a
significant
uptick
following
increased
activity
around
Bitcoin-based
NFT
project
Ordinals.
However,
this
transaction
appears
to
be
an
individual
error
instead
of
a
wider
market
impact.

Antpool
did
not
immediately
respond
to
CoinDesk’s
request
for
comment.

Edited
by
Aoyon
Ashraf.

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Next: Singapore Central Bank Rules to Discourage Crypto Speculation, Ease Investment Qualifications

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