🔥Binance has problems with Ethereum wallet: spending 530 Ether on transaction fees in 24 hours

- Binance 14 hot wallet spent about 530 Ether (about 840,000 USD) on September 21 to pay transaction fees on the Ethereum network.

- According to Dune Analytics, this address processed 146,582 transactions during the same period, causing transaction fees on the Ethereum network to increase 5,433% from 6 gwei to a peak of 332 gwei/transaction.

- This figure surpasses the previous record on September 13, when Binance 14 spent 388 Ether on transaction fees.

- Binance has not made an official announcement, but sources said the exchange is conducting the process of aggregating wallets when transaction fees are low to ensure user safety.

- This incident is causing controversy about Binance's capabilities in the context that the exchange is facing a legal battle with the US government.