Investor paid $47,000 in BTC transaction fees

Another mistake cost an unknown Bitcoin trader $47,000.

An unknown person paid 2.66038352 bitcoins (more than $47,000) for sendingonly 0.01088549 BTC (or $194.66).

In all likelihood, this was a simple mistake, as the user manually set the fee when transferring BTC.

Similar things have happened before - last June, someone made an even more costly mistake, paying a fee of $2.6 million for sending $130 in ETH. This was the highest transaction fee ever paid for an Ethereum transfer.

In late October, a crypto whale was able to make the most cost-effective transaction ever, moving over $1 billion worth of BTC from a Xapo Bitcoin wallet to an unknown address and paying only $3 for the transfer.

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