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

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ODAILY
04-04
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Planet Daily News: According to mempool founder mononaut, after Babylon's token airdrop, 256 BTC have been redeemed (unstaked) from Babylon in the past 24 hours. The redemption transactions paid 1.35 BTC in fees and consumed 1.318 MvB of block space. Mononaut believes the expensive redemption transaction fees may be due to the large unstaking script, and for some reason, the protocol locked a fixed fee rate chosen months ago, possibly for pre-signed transactions.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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