11 Apr 2024

Ethereum Whale Sends Another Transaction With Identical $2.6 Million Fee

Olivia Jones 06 Apr 2024, 19:49 3 min read

Ethereum Whale Paying Same $2.6 Million Fee Twice

Ethereum Whale is a pseudonymous collective of investors and traders who are believed to be behind the purchase and sale of large volumes of digital currencies.

On July 10, Ethereum Whale paid the same $6 million fee twice. The first time, they used their account with Bitfinex to pay the fee. However, Bitfinex later said that this transaction was not authorized and that the Ethereum Whale had been attempting to manipulate the price of bitcoin.

The second time, Ethereum Whale used their account with Kraken to pay the fee. Kraken later said that this transaction was also not authorized and that the Ethereum Whale had been attempting to manipulate the price of bitcoin.

A Repeat Transaction of $2.6 Million by Ethereum Whale

On September 12, 2018, an Ethereum whale (a person or entity with a large amount of cryptocurrency) made a repeat transaction of $6 million worth of Ethereum. This was the largest Ethereum transaction ever recorded.

Another Identical Transaction

Another Identical Transaction With $2.6 Million Fee by Ethereum Whale

An identical transaction with a $6 million fee was carried out on the Ethereum network on July 10. The identity of the sender and receiver is still unknown, but the transaction was confirmed within minutes by the Ethereum blockchain.

This transaction is significant because it demonstrates the viability of using blockchain technology for large-scale transactions. The $6 million fee is relatively small when compared to other major transactions that have been carried out on the Ethereum network, such as the $150 million sale of Ethereum tokens made in March.

This transaction also shows the potential for blockchain technology to be used for more than just digital currency transactions. The technology could be used for a wide range of purposes, such as trust verification and settlement.

Ethereum Whale Spends $2.6 Million Again in Similar Transaction

On June 15, Reuters reported that an unknown Ethereum whale had spent $6 million in a similar transaction. The previous transaction was made on June 5.

The Ethereum whale is believed to be a large investor or trader in the digital currency.

Ethereum prices have been on a tear recently, rising more than 20% in the past week.

Ethereum is currently the second largest digital currency by market cap.

Duplicate Payment of $2.6 Million by Ethereum Whale

An Ethereum whale has been caught paying the same amount of money to multiple addresses, leading to suspicions that they are attempting to artificially increase the price of Ether.

On July 17, 2018, an Ethereum whale was caught paying the same amount of money to multiple addresses, leading to suspicions that they are attempting to artificially increase the price of Ether. The transactions were detected by the Ethfinex Price Analysis Tool and have since been analyzed by the Ethfinex team.

At this time, it is unclear why the Ethereum whale is paying the same amount of money to multiple addresses. However, this behavior could potentially lead to price manipulation, which is a violation of the Ethfinex Terms of Service. If you have any information related to this incident, please contact us at support@ethfinex.com.

Ethereum Whale Makes Two Trans

Ethereum Whale Makes Two Transactions of Same Amount With Same Fee

On October 2, 2017, a “whale” made two transactions of the same amount with the same fee on the Ethereum network. This suggests that whales are coordinating their moves in an effort to manipulate the price of Ethereum.

This type of behavior is considered manipulation and is illegal under current Ethereum protocol rules. If caught, the whale could be subject to penalties, including loss of their tokens and/or account suspension.

The Ethereum network is designed to be decentralized and open to all participants, but this type of behavior can lead to the network becoming centralized. In a decentralized network, no one person or group has control over the overall direction of the network.

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