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One wallet of Binance spent almost 500ETH as gas in the last 3 hours (18% of total gas spent in that time). But why?

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One wallet of Binance spent almost 500ETH as gas in the last 3 hours (18% of total gas spent in that time). But why?

So, Binance just used almost 500 ETH as gas in the last 3 hours, making up 18% of total gas used in that timeframe:

https://preview.redd.it/snj42ue05lpb1.png?819&format=png&auto=webp&s=723a9108a523cc38b3d6144c329c34d51e32f020

I'm just a little bit confused right now. What are they doing that needs that much gas? :D

Looking at the analasys page of etherscan, that happened already various times in the past as well.

Are they triggering some special gas heavy contracts?

Or an intern fatfingering when defining how much gas to use on some transactions?

I mean, I can't complain about them helping ETH stay deflationary...I just want to understand what costs them so much in such a short time?

Fee spike to over 300Gwei:

https://preview.redd.it/gfnz60mi8lpb1.png?1350&format=png&auto=webp&s=a604a907e6b567a32c141f135d0179ac9c427b5f

Source: 27 Gwei | Ethereum Gas Tracker | Etherscan

Edit: Numbers are rising again, now over 529ETH

https://preview.redd.it/3wk8juod6lpb1.png?813&format=png&auto=webp&s=6e6c48422abf940215707590ad2873444f7ebaec

Edit 2: Looks like a s*it ton of small transactions related to that wallet. Horribly inefficient script at work?

Source 2: https://x.com/GoldmineAlpha/status/1704808728191762439?s=20

submitted by /u/Golgoin
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