3 Fatal Mistakes that Make Crypto Transactions Lose Millions: Number 2 Once Reached Rp139 Billion!

Jakarta, Pintu News – As crypto adoption and activity on blockchain networks increases, many users have been derailed by technical or human errors. Recently, the cryptocurrency community was shocked by a transaction on the Bitcoin network that garnered attention due to a massive fee error-over Rp1.7 billion to send just Rp166,000.

According to a report by Cryptopolitan, this case is not the only one; the history of crypto transactions records several costly incidents due to wrong inputs, which now serve as important lessons for traders and investors.

1. Wrong Fee Input, Bitcoin Transaction Loses Rp1.7 Billion

According to a report by Cryptopolitan, a Bitcoin (BTC) user accidentally paid a transaction fee of 0.99 BTC, equivalent to about $105,000 or Rp1,749,000,000, to transfer only $10 or about Rp166,690 to the Kraken crypto exchange. This error occurred on Monday, November 11, 2025 and immediately caught the attention of the community due to the unusually large value of the fee compared to the transaction amount.

According to the report, the error stemmed from a manual setting on the user’s crypto wallet. Instead of using the automatic fee estimation provided by the wallet, the user mistakenly set what should have been a very small fee to nearly 1 BTC. As a result, the excess funds were automatically sent to the block miner without being canceled.

Also Read: 2 Leading Analysts Bet Millions Behind Ripple (XRP) Price Predictions!

2. Similar Cases Have Lost Users up to Rp139 Billion

Although large, this incident is not the worst. Based on historical data mentioned by Cryptopolitan, in 2023 a user reportedly paid a fee of 83.65 BTC or more than $8.7 million-equivalent to about Rp139,019,430,000-for a similar error. In the crypto world, this figure ranks as one of the largest transaction fees in history.

In addition, 2021 also saw transactions on the Ethereum network with $24 million in accidental fees. In some cases, miners who receive these fees choose to refund them, but the process is complicated and requires proof of private key ownership. Most users are reluctant or fail to complete the verification process.

Also Read: 2 Leading Analysts Bet Millions Behind Ripple (XRP) Price Predictions!

3. How to prevent losses due to incorrect fees on crypto networks

According to experts quoted in the same article, this kind of mistake can generally be avoided by enabling the automatic fee estimation feature on cryptocurrency wallets. Modern wallets such as Electrum or MetaMask provide automatic calculations based on network conditions, so that users do not need to manually determine the fee amount.

It is also important for users to understand how the “change” and “output” fields work in crypto transactions. Mistakes in filling these sections can result in the remaining funds that should have been returned being sent to miners instead. To avoid large losses, users are advised to do a trial transfer of a small amount first, before transferring large funds.

Also Read: Bitcoin Poised to Surge After US Government Shutdown Deal: History Repeats?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• Nellius Irene/Cryptopolitan. Bitcoin user pays $105K fee on $10 transaction by mistake