
According to Bithumb, the Ether that paid a $2.5 million transaction fee ended up in its coffers.
According to Bithumb, the 0.55 Ethers (ETH) that incurred a $2.6 million transaction fee ended up in one of the exchange’s wallets.
Mistake or money laundering?
Earlier today, someone paid 10,668.73 Ethers in gas to move $134 worth of the asset from one wallet to another. For comparison, today’s average gas price is $0.34. The most natural assumption is that the sender must have made a mistake.
Though the sender has not come forward, SparkPool, the miner that mined the transaction’s block, has frozen it until they can figure out what happened.
Biggest transaction ever
A spokesperson for Coinfirm, suggested that instead of this being an unfortunate mishap, there is also a possibility that someone could be attempting to launder money through an elaborate scheme. Either way, this is the biggest inflow of capital SparkPool has ever experienced.

SparkPool Biggest Transactions. Source. Crystal.
A Bithumb spokesperson confirmed to Cointelegraph that the recipient address belongs to one of its clients, and that later the transactional 0.55 ETH was moved to its cold wallet.
We will keep you updated as more information about this transaction comes in.
Source: , CoinTelegraph

Articles listed with Cash Tech News as the author are either general information, or may have been imported from another website, to bring our readers a rich media experience that encompasses articles that we find interesting, as well as those curated by others.
The views and opinions expressed here are for informational purposes only, and should not be confused with professional financial advice. These opinions are solely those of the author and do not necessarily reflect the views of CashTechNews.com. Every investment and trade involves risk. You should conduct your own research, and contact your professional financial advisor before making any investment.
Corrections, feedback, and ideas should be submitted through the website contact form.
