Share this article
Bitcoin Sender Struck With $3.1M Transaction Fee, Largest in History
Antpool mined the block and the sender's wallet was set up just minutes before the transfer.
Updated Mar 8, 2024, 5:34 p.m. Published Nov 23, 2023, 2:48 p.m.
Someone paid $3.1 million in transaction fees for a bitcoin [BTC] transfer on Thursday. Bitcoin miner Antpool was rewarded for mining the block. It received the standard 6.25 BTC as well as 85.2163 BTC in fees for all transactions included in the block, on-chain data shows.
Today's transfer, mined in block 818087, becomes the largest transaction fee paid in bitcoin's 14-year history.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The sender's wallet was set up just minutes before the transfer, and the recipient received only 55.78 BTC of the original 139.42 BTC that was sent.
In September, F2Pool returned a 19.8 BTC fee that was mistakenly sent by Paxos. AntPool, a mining pool owned by Bitmain, has not published an announcement in relation to the apparent overpaid fee.
Recently, bitcoin fees have experienced a significant uptick following increased activity around Bitcoin-based NFT project Ordinals. However, this transaction appears to be an individual error instead of a wider market impact.
Antpool did not immediately respond to CoinDesk's request for comment.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Michael Saylor's Strategy Hangs on to Spot in Nasdaq 100 Index
The annual Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but bitcoin treasury company Strategy hung onto its spot.
What to know:
- Strategy (MSTR) will remain in the Nasdaq 100 index despite a major reshuffle, which saw several household names dropped.
- The firm's business model, which involves stockpiling bitcoin, has drawn criticism from analysts and index providers, with MSCI considering excluding crypto treasury companies from its benchmarks.
- The Nasdaq 100 rebalance saw six companies dropped and three new additions, with changes taking effect on December 22, but Strategy's bitcoin-heavy strategy secured its spot.
Top Stories
