'The transaction that paid nearly 20 BTC ($500,000) fee a few hours ago looks like an exchange or payment processor with buggy software,' Jameson Lopp opined.
“The transaction that paid nearly 20 BTC fee a few hours ago looks like an exchange or payment processor with buggy software,” Jameson Lopp opined.
The crypto community on X was baffled recently after an anonymous Bitcoin user paid a whopping 19.89 BTC in transaction fees to move just 0.074 BTC . The payment went to the Bitcoin mining pool F2Pool that generated the valid block. The team behind the entity revealed that the transaction will be put on hold for three days in case the person or organization who conducted it wants to claim it back. Otherwise, it will be distributed across the BTC miners part of the pool.
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