Trader mất 31,22 ETH phí gas do lỗi ví tiền điện tử

An unfortunate trader has paid a transaction fee of up to 31.22 ETH, equivalent to 112,745 USD, due to a wallet error on the DeFi platform PulseChain.

Due to a mistake in network selection, this transaction took place on Ethereum instead of PulseChain, resulting in extremely high gas fees. This person contacted the Ethereum validator for a refund and ultimately got back most of the lost ETH.

MAIN CONTENT

  • The trader accidentally paid a gas fee of 31.22 ETH due to a network selection error between PulseChain and Ethereum.

  • Ethereum validator TitanBuilder has refunded 29.53 ETH to the trader after verification.

  • Conor Grogan, Director of Coinbase, is the one who supported the refund call and helped users recover their cryptocurrency assets.

What issues did the trader encounter when trading on PulseChain?

Real-world experience shows that this trader made a mistake when conducting a transaction with a buggy wallet, resulting in a gas fee of 31.22 ETH (approximately 112,745 USD) being charged on the Ethereum network instead of PulseChain.

PulseChain uses Ethereum Virtual Machine (EVM), which enables compatible transactions, but selecting the wrong network leads to unusually high fees because the current price of ETH is much higher than PLS – the native coin of PulseChain. The incident was first reported by Whale Alert on July 18, 2025, when ETH was trading at 3,611.56 USD.

How did the trader react after discovering the error?

The trader sent an on-chain message directly to TitanBuilder, an Ethereum validator, explaining that his wallet had an error and requesting help to refund the excessive gas fee. This proves that the trader has a basic understanding of blockchain technology and knows how to leverage on-chain communication features to seek help.

Why are gas fees on Ethereum so high when trading on PulseChain?

Gas fees on Ethereum are much higher than on PulseChain due to the current price of ETH being above 3,500 USD, while PLS is only about 0.00003014 USD (according to CoinGecko data from July 2025). When selecting the wrong network, gas fees will be calculated according to the Ethereum network at a much higher rate.

This highlights the importance of thoroughly checking the blockchain network when performing transactions, especially with DeFi platforms that have multiple compatible EVM networks.

Let's help this guy by returning the wrongfully lost 31 ETH, doing a good deed to accumulate merit.

Conor Grogan, Director of Coinbase, July 18, 2025 (source: X)

How did Ethereum validator TitanBuilder handle the trader's request?

Validator TitanBuilder has verified and refunded 29.5295 ETH (approximately 103,511 USD) to the trader, meaning nearly the entire unreasonable gas fee has been refunded.

On platform X, TitanBuilder commits that 'we refund 100% of the profits from the block to users,' demonstrating responsibility and transparency in the blockchain ecosystem.

What is Conor Grogan's role in this refund process?

Conor Grogan has extensive experience in helping cryptocurrency users recover lost assets. According to reports, he has assisted over 50 people in recovering a total of more than 10 million USD in recent years, along with many asset withdrawals for large exchanges like Gate.

Grogan's involvement reinforces trust and confidence among the trader and validator community.

In my free time, I take the opportunity to help users find lost funds or unclaimed airdrops.

Conor Grogan, Director of Coinbase, shares on X, July 2025

How does the price difference between ETH and PLS affect gas fees?

ETH is worth much more than PLS, specifically ETH is priced above 3,500 USD, while PLS is only a small fraction, about 0.00003014 USD according to the latest records.

Coin Price (USD) Network Used Impact on Gas Fees ETH 3,525.88 Ethereum Very high gas fees PLS 0.00003014 PulseChain Very low gas fees

Thus, selecting the wrong network causes gas fees to increase many times, leading to serious losses for users.

Frequently Asked Questions

1. Why are gas fees on Ethereum much higher than on PulseChain?

The current price of ETH is much higher than PLS, coupled with high trading volumes, makes gas fees on Ethereum more expensive.

2. What responsibilities do validators have when a transaction error occurs on the network?

Validators can assist in verifying and refunding illegally obtained funds, as TitanBuilder has done.

3. How to avoid confusion when selecting the wrong network in cryptocurrency transactions?

You should carefully check the blockchain network information and gas fees before confirming a transaction to avoid significant fees.

4. Can gas fees be recovered if sent to the wrong network?

It is possible if contacting the validator or cooperating recipient and the network supports the refund feature.

5. Who can assist when losing money due to wallet errors or network mix-ups?

Experienced experts like Conor Grogan or reputable validators often assist users in recovering their assets.

Source: https://tintucbitcoin.com/trader-mat-3122-eth-phi-gas/

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