🚨 Transfer fees may become prohibitive 🚨
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⛔️Beware, some transfers may turn your wallet off⛔️
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💠 Many traders may be surprised to pay huge fees for transfers that may be much less than the fees paid, and this may cause them a strong shock.
💠 In September 2023, an anonymous person paid 19.8 BTC (about $510,000 at the time to transfer 0.074 BTC. In November, another person sent 139.4 BTC to another address. The transaction fee was 83.65 BTC or $3.14 million. However, the Aggregator team stated Mining at AntPool that they will return the full amount once they receive confirmation from the owner.
Similar incidents occurred with Ethereum. On February 13, 2024, the owner of Ethereum sent 10 ETH to another address. The fee for this transaction was 42.88 ETH, which was worth $113,497 at the time.
👈 Therefore, it is wise for the sender to verify the value of the transaction fees, before transferring any amount.
