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Mysterious wallet again sends $ 2.6 million transaction fee

Cryptocurrency

The second transaction took place within a day of the first, pointing to an error in the portfolio

The unknown Ethereum wallet, which made headlines yesterday for sending a $ 2.6 million transaction fee for a $ 133 transaction, did it again. Today, the portfolio sent another transaction fee of 10,668.73185 ETH ($ 2,635,603.52) for a transaction of 350 ETH ($ 86,464.00). The odd transaction took place about 17 hours after the first incident and raised eyebrows across the encryption community.

The first bizarre transaction sent from the anonymous wallet was paid yesterday to the Chinese mining group SparkPool. The mining group asked the sender to proceed if the huge transaction fee was sent in error. However, speculation about the transaction being a form of money laundering has also been made. The second transaction by a similar character from the same portfolio increased the intriguing nature of the events.

Emin Gün Sirer, founder of the AVA laboratories, called the first incident as a “goose egg transaction” and put forward two theories explaining possible reasons for the same. “One explanation for them is the Miner Money Laundering, a topic that we discussed on the 2016 blog. Rates become whitewashed and become new, clean currencies. A simpler explanation is just an honest mistake, an exchange of two fields in an API call ”, he tweeted.

Now that the wallet has made another similar transaction, experts are leaning towards the latter explanation, suggesting that the events are the result of a bug in the unknown user's wallet. Larry Cermak, research director at The Block, tweeted that "this reinforces the theory of a bug and points out that it has not yet been fixed".

The transaction fee for the second transaction was paid to Ethermine, a leading mining pool that represents a large part of Ethereum's transactions in processing hash energy. The mining group replied tweeting: “Today, our Ethermine ETH group extracted a transaction with a fee of 10,000 ETH. We believe it was an accident and, to resolve this issue, the sender must contact us immediately! "

Ethermine also froze the distribution of the transaction fee, such as Spark pool, and encouraged the unknown sender to contact them on Twitter or through the support portal.

Currently, no identifying information about the mysterious wallet user is available. However, many reports have suggested that the wallet may belong to an exchange and not to an individual, as it processes thousands of transactions every minute. It remains to be seen whether strange transactions are processed by the wallet or whether the anonymous sender will come forward to resolve the problem.

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