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Here’s the likely reason why it just cost $2.6M to move $130 worth of Ethereum Here’s the likely reason why it just cost $2.6M to move $130 worth of Ethereum
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Here’s the likely reason why it just cost $2.6M to move $130 worth of Ethereum

with insights from Glassnode

Ethereum’s average transaction fees just rocketed overnight after one user spent millions of dollars in fees to send a tiny amount of ETH.

Here’s the likely reason why it just cost $2.6M to move $130 worth of Ethereum

Photo by Rostyslav Savchyn on Unsplash

Ethereum’s average transaction fees just rocketed overnight after one user spent millions of dollars in fees to send a tiny amount of ETH.

After news spread regarding this mysterious transaction, community members began speculating as to what could be the reason behind this massive fee payment.

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