Categories: EthereumNews

Abnormal Ethereum transaction, 0.1 ETH moved for $307,000

An abnormal transaction occurred on the Ethereum blockchain. Only 0.1 ETH  were moved for a whopping $307,000 or 2100 ETH. The transaction was caught by Chinse blockchain analytical firm Cheetah Blockchain, reports Rating Token.

The transaction occurred on Feb 19, 2019, at 1:19 AM UTC. The block height during the time of the transaction was 7,238,290. According to Cheetah Blockchain, the block was packaged by the mining pool Sparkpool.

The preliminary analysis by Cheetah blockchain infers that the user incorrectly set the Gas Price to 0.1 ETH, instead the general unit (general unit is Gwei), which bought the total transaction fee up to 2100 ETH.

The transaction is still being verified. Rating Token also found abnormal transaction fees in the 7993694, 7999416, 7987126 and 7998568 blocks, and we will conduct an in-depth analysis of the incident.


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Fresh Crypto Insights News and Live Price Updates Today

The world of digital money moves fast. Every day brings new stories that can change…

42 mins ago

Bitcoin Price Cycles Point To The Next Big Drop Ahead

Bitcoin Price Cycles Point To AheadBitcoin has followed a clear pattern in past years. It…

2 hours ago

Bitcoin’s Epic 930% Surge: Why Ark Invest Believes This Crypto Could Hit $800K by 2030

Bitcoin's Epic 930% Surge: Why Ark Invest Believes This Crypto Could Hit $800K by 2030Bitcoin…

9 hours ago

From Pixels to Blockchain: How Games Will Onboard the Next Billion to Web3

Web3 is growing fast but it still feels hard for most people to join. The…

1 day ago

The Next Great Hiring Shift: Developers Will Not Be Judged by How Well They Avoid AI, but by How Well They Work With It

For years, the technical interview has been treated almost like a controlled laboratory experiment. A…

2 days ago

Crypto Billionaire Chun Wang Books SpaceX Starship Mars Flyby But No Launch Date Yet

Introduction to the Bold A cryptocurrency billionaire has just revealed plans for the first private…

2 days ago