Commission of 2.6 million for the transfer of 134 dollars.
Ethereum does not leave news feeds. And we do not get tired of describing current events that occur with this large coin. For example, a transition to the second phase of cryptocurrency is planned very soon. But for now, events are less useful for ordinary users. For example, one of the last transfers of $ 134 received a commission of $ 2.6 million. What exactly is the reason for such system failures? How not to fall prey to such a mistake and what to do in a similar situation? Let’s get it right.
What exactly happened?
Imagine an ordinary cryptocurrency transfer. You, as usual, open a wallet and enter the recipient’s number, then indicate the transaction value in 0.55 Ethereum. And then look at the commission and you see the amount of 10668 coins. Recall that, at the time of writing, this ETH was approximately $ 2.6 million. A similar situation occurred with the user of the SharkPool mining pool. The owner of the coins made a regular transfer and faced with the need to pay such a large commission. Thus, an anonymous user set a record for the most expensive commission in the history of digital silver. Note that the previous maximum value was also recorded relatively recently. March 13, the cost of the commission was 347, 55 ETH. But even such a colossal amount could surpass modern trends.
Details and subtleties of the commission
However, it is not so simple. Most likely, the owner of the wallet is not a real person, but a bot. This is confirmed by the fact that over the past 4 days, about 6,000 transactions have passed from this address. A sufficiently large volume of transfers is not typical for ordinary owners of digital coins. Even after paying such a huge commission, the wallet continued regular transfers, at the moment it contains about 11 million dollars in ETH coins. Moreover, the news about the cost paid was received by analysts from a third-party digging, the owner of the wallet did not react to the event.
There are also many questions with the recipient of funds. The money received has already been transferred to third-party addresses. It is possible that such strange translations are backed up by regular pool system tests. It is also likely that such activity is carried out by hackers and financial criminals.
Open sources suggest, that these transfers are carried out by the Chinese government. Users believe that authorities are attracting the attention of potential hackers and scammers to their registered wallets. That is why such a large amount of funds is on the wallet and its owner pays such a large commission without any problems. However, this is just a theory. It is entirely possible that everyone is guilty of the common mistake of the pool.
What to do in order not to pay large commission?
The average transaction margin in the Ethereum system is only $ 0.2. About any millions of speech is not talking. Faced with the huge amounts that are required for the transfer, we recommend taking action immediately. Contact the technical support of the wallet or exchange where such huge margins have appeared. Specialists will explain the reason, most likely they will apologize and offer a more realistic price tag for making the payment. The main thing is to tackle the problem in time and defend our interests.
In order not to remain at a disadvantage, follow all the news of the crypto industry with us. We publish only high-quality and interesting material. Thank you for your attention, good luck!