• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Unusual Transaction Fee in Ethereum: 31 ETH for One Operation

user avatar

by Giorgi Kostiuk

2 hours ago


A recent transaction on the Ethereum network has garnered widespread attention due to a record-high fee of 31 ETH. This amount equated to about $112,745, raising questions about the reasons behind the incident.

What Happened?

According to blockchain data tracking service Whale Alert, a fee of 31 ETH was paid for a single transaction. This situation has attracted attention from both users and experts in the cryptocurrency field.

Reason for the Huge Fee

Coinbase director Conor Grogan explained the incident. A user attempted to execute a transaction on the PulseChain network, but due to a glitch or misconfiguration, the funds were sent incorrectly. "A user mistakenly burned $112,000 attempting to make a PulseChain transaction," Conor stated. He also published a message that the user sent to the block builder, asking for the funds to be returned.

Conclusion

This incident highlights the importance of careful checking of details before sending cryptocurrency transactions. As of now, it remains unclear whether the block builder will return the funds to the user.

This case emphasizes how crucial it is to be attentive when conducting cryptocurrency transactions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Current Altcoin Review: BONK, SEI, PENGU, and BlockDAG

chest

Exploring the most promising altcoins - BONK, SEI, PENGU, and BlockDAG with their unique features and potential.

user avatarGiorgi Kostiuk

Bybit and Manteca Introduce QR and PIX Payments in Latin America

chest

Bybit and Manteca have launched a new instant payment service in Argentina and Brazil using QR and PIX.

user avatarGiorgi Kostiuk

ALR Miner Offers Innovative Mining Solutions Without Technical Know-How

chest

ALR Miner provides users with an easy way to earn cryptocurrencies without the need for technology or deep blockchain knowledge.

user avatarGiorgi Kostiuk

Dave Portnoy Missed Profits on XRP by Selling Early

chest

Internet personality Dave Portnoy sold his XRP at $2.40, missing out on potential gains as the price reached $3.66.

user avatarGiorgi Kostiuk

Trump Signs GENIUS Act: A New Standard for Stablecoin Regulation

chest

U.S. President Donald Trump has signed the GENIUS Act, introducing strict stablecoin regulations to enhance market trust.

user avatarGiorgi Kostiuk

How New Legislation on Stablecoins Will Affect Demand for Ethereum

chest

New US legislation on stablecoins may boost demand for Ether and decentralized finance applications.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.