Unknown holder paid $3.14m in BTC transfer fees, the highest ever recorded

On Nov. 23 an unknown Bitcoin owner sent 139.4 BTC to AntPool, triggering over $3 million in fees.

According to journalist Colin Wu, the transaction fee was 83.65 BTC.

Data from analytics platform Whale Alert shows that the user paid $3.14 million to send the funds. This is one of the largest commissions in the history of the crypto industry. The source claims that the AntPool mining pool received the reward for this transfer.

At the time of publication, AntPool representatives did not comment on the transaction. It is also unknown what exactly caused the high transaction fees. As the load on the network increases, transaction fees can also increase.

This is not the first case of abnormally high fees on the Bitcoin network. In September, an unknown counterparty paid more than $510,000 to transfer 0.074 BTC. It later turned out that this mistake was made by the Paxos company.

Later, Wang Chong, co-founder of the F2Pool mining pool, reported that 20 BTC that were accidentally sent as a commission were returned back to Paxos.