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Bitcoin user lost $102,778 in fees due to a runaway Replace-by-Fee loop sending zero coins.

Market News
13 Aug 2026
BeInCrypto
View Source
Bearish
Bitcoin user lost $102,778 in fees due to a runaway Replace-by-Fee loop sending zero coins.

A Bitcoin wallet accidentally paid 1.6 BTC (about $102,778) entirely in network fees without transferring any coins. This happened because an automated script repeatedly increased the transaction fee using Replace-by-Fee (RBF), eventually consuming the entire wallet balance. The transaction was confirmed in block 962,142, and miners collected 88% of the block's fees from this single error. This incident highlights risks in automated wallet scripts and the need for fee caps and manual checks to prevent costly mistakes.

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