$ETH A "Fat Finger" Slip or a Calculated Move? Transaction Burns 64 ETH in Gas Fees 🔥

ETHUSDT

The Ethereum network recently witnessed an incredibly expensive transaction, leaving the crypto community astonished. A user executed a transaction with a massive gas fee amounting to 64.09 ETH.

This fee is equivalent to approximately $125,700 USD 💸. This substantial sum vanished into thin air just to confirm a single transaction on the blockchain, enough to buy a house.

Such "money burning" incidents usually stem from two main causes. It can be an algorithmic error by an MEV bot overbidding miners for priority inclusion, or a user accidentally making a "fat finger" mistake when manually adjusting the fee.

This event serves as a costly lesson in the irreversible nature of decentralized markets. Was this an unfortunate typo, or a precalculated price paid by a predatory bot? 🤔

News is for reference, not investment advice. Please read carefully before making a decision.