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Burned by Mistake? Coinbase Exec Explains Shocking $112,745 ETH Fee

2025-07-18 15:16:59

Main Idea

A user mistakenly paid a staggering $112,745 (31 ETH) as a transaction fee due to a glitch, with the funds going to an Ethereum L1 block builder instead of the intended recipient.

Key Points

1. A user accidentally burned $112,745 (31 ETH) in a transaction fee while attempting a PulseChain transaction.

2. The funds were sent to an Ethereum L1 block builder due to a glitch, resulting in no return for the user.

3. The incident highlights the risks and potential errors in high-value cryptocurrency transactions.

Description

Staggering 31 ETH worth $112,745 paid for single transaction

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