Post
Topic
Board Bitcoin Discussion
Re: Can Someone Explain This Transaction?
by
jrrsparkles
on 13/03/2024, 12:17:18 UTC
I was browsing recent transactions and came across this one from a few hours ago. It caught my eye since it was 82,273 sat/vB, i.e., $24,663  Shocked

The high rate was not the only thing, it seemed to have had the fee bumped 6 times in about 5 minutes, it had started at about a 24,181 sat/vB, quite a bit lower but still much higher than necessary.  Huh

But it gets weirder, it is sending about .91 bitcoin from 2 addresses and sending to the SAME addresses.  Roll Eyes

Is there any logic to what was happening?

https://mempool.space/tx/55656790f55216e6a6d8b03d041499c24de3105473c59c67e5dafe0362d0e9e9



There is no logical reasoning for this instance but this isn't new, in the past there are much worse incidents like users paid 100 BTC as fee for moving 1 BTC but those are legitimate mistakes while this TX doesn't look like happened due to mistake cause I see there is another similar TX made after using high fee and spent to the same address.