Ethereum: Transaction with highest fee, but stuck, what did I do wrong?

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Ethereum: Transaction with the highest fee but stuck – what went wrong?

As an Ethereum user, you probably understand the importance of accurate transaction details and timely payment. However, it seems that your recent transfer has resulted in a stuck transaction, leaving you wondering what went wrong. In this article, we’ll delve into the details of the issue and explore the possible causes.

Problem: Stuck Transaction

You reported that your transaction with the highest fee ($1.33) has stuck, but no funds are being transferred. Upon closer inspection, it appears that the transaction was held up due to a verification error.

According to Ethereum’s Live blockchain analysis tool, the transaction was initiated at block number 131d65d933e343f852021830b833123de952c1857f264503388cf642655c457 and is currently stuck at block number 132e1a3e9aa4f8da86c21d5bbd66cd6c71bc24df44f2dd76edd7fe43b0ab6bd5.

Why the transaction failed

Some possible reasons why this transaction failed include:

• Insufficient funds

  

  : As you mentioned, your transaction had a relatively high fee. However, it is possible that the recipient’s wallet did not have enough funds to cover the amount.

• Incorrect Transaction Details: Re-checking the transaction details may reveal errors or discrepancies, such as incorrect amounts or addresses.

• Transaction Verification Issues: The Ethereum verification process can be complex and error-prone. If the transaction was not verified properly, the transaction may have been stuck.

What to do next

To resolve this issue, you should:

• Verify Transaction Details: Carefully review all transaction details to ensure accuracy.

• Check Wallet Balances: Verify that there are sufficient funds in the recipient’s wallet.

• Check Transaction Verification Errors

  : Look for any error messages or warnings related to the transaction verification.

By following these steps, you should be able to resolve the stuck transaction and get your funds back.