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LIVE

MARKET CAP$2.62T-0.58%

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EXCHANGES1,472

BTC DOMINANCE58.1%

ETH DOMINANCE10.4%

TOP ALTXRP (3.2%)

Home›Coin Gape›$120,381 Bitcoin Fee: Wallet Mistake or Something More Sinister?

Coin Gape

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$120,381 Bitcoin Fee: Wallet Mistake or Something More Sinister?

May 22, 2025

1 min read

$120,381 Bitcoin Fee: Wallet Mistake or Something More Sinister?

The BTC price ATH milestone has left investors optimistic and joyous for the future, but a $120,381 Bitcoin fee quickly diverted investors’ attention. The $120,381 is a transaction fee that someone has paid to make the miners validate their transactions. To many, this may seem normal, but this is an unusual event as the crypto trader has paid 1.0846 BTC in fee, which is multiple times higher. Let’s discuss. Why did Some Pay $120,381 in Bitcoin Fee? Whale Alert’s X post reveals that a crypto trader has sent $120,381 in Bitcoin fee on May 22, 2025, at 08:07 UTC. The investors’ transaction hash is 8245e6…c0b and has left the crypto community in shock at the intensity of this fee. Interestingly, this happened after the Bitcoin price hit a new ATH at $111.8k, a new milestone. At press time, the main reasons behind these high transaction fees are uncertain. The crypto... Read More at Coingape.com

The post $120,381 Bitcoin Fee: Wallet Mistake or Something More Sinister? appeared first on CoinGape.

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