Did Someone Really Pay $3.7 Million Cardano (ADA) Fee?

2025-07-18 19:18:24

Main Idea

A report of a $3.7 million Cardano (ADA) transaction fee was incorrect, as the actual fee was only 1.6 ADA, highlighting potential issues with transaction monitoring tools.

Key Points

1. Whale Alert incorrectly reported a $3.7 million ADA fee for a transaction, while the actual fee was 1.6 ADA (approximately $0.83).

2. SecurityBot founder Josh Marchand noted that Whale Alert's monitoring bot logs fees based on input-output value differences, which can lead to errors.

3. A separate incident involved a $112,745 ETH fee for a single transaction, indicating high fees can occur in blockchain networks.