Ethereum Transaction Fee Mystery Just Got More Mysterious (UPDATED)

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Yet another abnormal ether transaction occurred on the Ethereum (ETH) blockchain for the third time. Now, someone transferred ETH 3,221 (USD 762,990) with a somewhat lower transaction fee of ETH 2,310 (USD 544,028). In total, USD 5.7 million were spent on Ethereum transaction fees via three transactions during the past few days, and some industry firms and analysts claim that someone is trying to send a message. (Updated at 15:28 UTC: the first paragraph has been updated, a new section – Could it be a blackmail attempt? – at the end of the article has been added

The third transaction occurred on the block 10247265, on June 11, 12:14 PM UTC time. Similar transactions with abnormally high fees (more than USD 2.5 million each) also happened yesterday (June 11th) and the day before yesterday (June 10th). This time, the transaction was not sent from the same address and originated from a wallet that had the “MiningPoolHub: Old Address 7” tag. It was mined by the f2pool, who said they are investigating the transaction and are in communication with the sender.

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