CoinRank

256 BTC redeemed after Babylon airdrop, high transaction fees attract attention

2025-04-04 13:38:03 17 hours ago CoinRank

CONTENT

CoinRank News: According to mempool founder mononaut, after Babylon released the token airdrop, 256 BTC have been redeemed (cancelled) from Babylon in the past 24 hours, and the redemption transaction paid a total of 1.35 BTC in fees and consumed 1.318 MvB of block space. Mononaut believes that the reason for the high redemption transaction fee may be that the script for unstaking is large, and for some reason, the protocol locked a fixed fee rate selected a few months ago, which may be a pre-signed transaction.

Original Article Link

WRITER’S INTRO

CoinRank Exclusive brings together primary sources from various fields to provide readers with the most timely and in-depth analysis and coverage. Whether it's blockchain, cryptocurrency, finance, or technology industries, readers can access the most exclusive and comprehensive knowledge.

256 BTC redeemed after Babylon airdrop, high transaction fees attract attention

Fed Chairman Powell: The current policy stance is good and we can take a wait-and-see approach

Powell: Fed maintains forecast of two rate cuts by 2025

DWF Labs transfers 25 million USDC to Trump family crypto project WLFI

Trump: Now is the best time for Fed Chairman Powell to cut interest rates

A whale spent $20.78 million to buy 11,463 ETH in the past 6 hours