ETH transfer

An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH.

An unknown crypto user appears to have accidentally spent $90,000 in gas fees in what should’ve been a simple transfer of $2,200 in Ether.

The user spent 34.26 Ether (ETH) in gas fees (worth $89,200 at current prices) to transfer 0.87 ETH, worth just $2,262, according to Etherscan data cited in an Aug. 11 X post by pseudonymous user DeFiac.

At the time of publication, gas fees on the Ethereum network are hovering at yearly lows of between 2 and 4 gwei, meaning that a transfer of ETH should only cost a maximum of $5. In percentage terms, the user overpaid by more than 1,783,900%.

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