Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">On Nov. 23 an unknown Bitcoin owner sent 139.4 BTC to AntPool, triggering over $3 million in fees.</p>
 <p class="is-style-default">According to journalist Colin Wu, the transaction fee was 83.65 BTC.</p>
 <figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
  <div class="wp-block-embed__wrapper">
   <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
    <p lang="en" dir="ltr">According to mempool, today bc1qn3d…wekrnl paid a fee of 83.65 BTC (approximately $3.136 million) when <a rel="noopener noreferrer nofollow" title="transfer" href="https://thebittimes.com/tag/transfer.html">transfer</a>ring 139.42 BTC to bc1qyf…km36t4, and finally received 55.77 BTC. The block 818087 fee was captured by the mining pool AntPool. https://t.co/uZQ1aYfpMB</p>— Wu Blockchain (@WuBlockchain) November 23, 2023
   </blockquote>
  </div>
 </figure>
 <p>Data from analytics platform Whale Alert shows that the user paid $3.14 million to send the funds. This is one of the largest commissions in the history of the crypto industry. The source claims that the AntPool mining pool received the reward for this <a rel="noopener noreferrer nofollow" title="transfer" href="https://thebittimes.com/tag/transfer.html">transfer</a>.</p>
 <figure class="wp-block-image size-large"><picture decoding="async" class="wp-image-14219547">
   <source type="image/webp" srcset="https://cdn.thebittimes.com/images/2023/11/23/9f55d057c07b6077fe8c880a5830598f.webp.webp">
   <img decoding="async" width="1024" height="322" src="https://cdn.thebittimes.com/images/2023/11/23/9f55d057c07b6077fe8c880a5830598f.webp" alt="Unknown holder paid $3.14m in BTC transfer fees, the highest ever recorded - 1"> 
  </picture>
  <figcaption class="wp-element-caption">
   Source: Whale Alert
  </figcaption>
 </figure>
 <p>At the time of publication, AntPool representatives did not comment on the transaction. It is also unknown what exactly caused the high transaction fees. As the load on the network increases, transaction fees can also increase.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Bitcoin transaction fees rise roughly 300% as NFTs take up more block space
 </div>
 <p>This is not the first case of abnormally high fees on the Bitcoin network. In September, an unknown counterparty paid&nbsp;more than $510,000 to <a rel="noopener noreferrer nofollow" title="transfer" href="https://thebittimes.com/tag/transfer.html">transfer</a> 0.074 BTC. It later turned out that this mistake was made by the Paxos company.</p>
 <p>Later, Wang Chong, co-founder of the F2Pool mining pool, reported that 20 BTC that were accidentally sent as a commission were returned back to Paxos.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Whale mistakenly pays record $500k fee to move $1.9k BTC
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/unknown-holder-paid-3-14m-in-btc-transfer-fees-the-highest-ever-recorded-tbt71372.html">https://thebittimes.com/unknown-holder-paid-3-14m-in-btc-transfer-fees-the-highest-ever-recorded-tbt71372.html</a></p>

Unknown holder paid $3.14m in BTC transfer fees, the highest ever recorded

TheBitTimes

Other articles published on Nov 23, 2023

The Latest Update on SAND Coin: Investor Sentiment and Price Analysis

60M+ HT Sent to HTX Exchange Platform Following Hack

FTX Token FTT Skyrockets 55% Amidst Binance Market Drama

Jim Cramer urges viewers to ‘just buy Bitcoin’

Uphold to Facilitate $5B in Ripple Payments, CEO Reveals

Blur token surges 20% in 24-hour trading, buy signal surfaces

Join our free newsletter for daily crypto updates!