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Strange things happen in the cryptocurrency market. Prices climb after the negative news, and positive news faces a strong sell. The founders of the cryptocurrency swap are accused of simulating their own death and flying off with their clients' badets. But it is hardly strange to see someone paying more than $ 300,000 in postage to send only $ 15 worth of Aether.
Recent transactions have been discovered on the Ethereum blockchain. They indicate a transaction for 0.1 Ether, valued at around $ 14.80 at the time the transaction was sent by paying a fee of 2,100 ETH.
A mysterious Ethereum account sends 0.1 Ether and 2 100 ETH in charges
The cryptocurrency community is carrying speculation as to why a mysterious Ethereum wallet would have sent ETH 0.1 while paying an astronomical fee of 2,100 ETH. Fees amount to more than $ 302,000 at the Ethereum's current price of $ 144, while the Ether itself costs only $ 14.40.
Someone just paid 2100 ETH for the transaction fee.
That's more than $ 300,000 spent to transfer $ 15.
Did they confuse the fees with the shipping value? pic.twitter.com/Te1NKlcD6K
– Alec Ziupsnys (@AlecZiupsnys) February 19, 2019
At first glance, the sender seems to have committed a user error by incorrectly exchanging transaction fees with the total value that he was attempting to send. Encryption users typically commit errors when they send encryption from one address to another, sometimes even sending an address to an incorrect badet type or wallet address. For this reason, it is always recommended that users check and even check the receiving address three times before clicking Send and signing a transaction.
Related reading | Crypto Analyst: Investing in Ethereum could be more profitable than Bitcoin
While walking through the abyss of an Ethereum wallet, insightful crypto users discovered that it was not the only transaction of its kind. In one day, the wallet address sent 0.17 trillion ETH, or about 24 USD, for a total of 3990.00000000000000 ETH in fees. The fees total nearly $ 575,000 at today's prices.
The account has money to burn, is driven by a defective bot or has potentially an ulterior motive. However, it remains to understand what this motive is, but the crypto-detectives are everywhere in the file.
Are Strange Ethereum transactions related to money laundering?
Some speculate that high fees are used to launder money in one way or another. The Saturn Network decentralized exchange Twitter account explains how transaction fees could be used to clean up dirty funds so they appear as "an honest miner's income."
it is money laundering. You do not broadcast this show, you undermine the block with this show yourself. Once the block is included in the blockchain, it is no longer dirty and stolen ether. It's an honest minor income.
– Saturn Network (@SaturnProtocol) February 20, 2019
The transaction was not publically released, which could suggest that the blocking of the transaction was undermined by a minor accomplice.
Related reading | Etheruem Rally takes a break, still bullish above $ 144
In any case, the portfolio sends these express transactions for one reason or another – potentially to launder money – or repeatedly makes extremely costly mistakes. One thing is certain: these transactions were sent with the fastest speeds ever seen in the Etheruem blockchain.
Selected image of Shutterstock
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