In a bizarre turn of events on the Bitcoin network, a user recently made headlines for an eye-watering mistake, unintentionally paying a staggering $3.1 million in transaction fees for a transfer worth $2.1 million. This payment of 83 BTC in fees has sparked discussions and concerns within the Bitcoin community, shedding light on the importance of careful verification in the world of decentralized finance.

The Costly Blunder

On November 23, an unsuspecting Bitcoin user, utilizing the address “bc1qn3d7vyks0k3fx38xkxazpep8830ttmydwekrnl” initiated a transaction to transfer 55 BTC to another address.

However, what should have been a routine transaction took a drastic…

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