OKX Backlog Snarls Bitcoin Transactions, Fees Surge

A backlog of user wallet consolidation transactions on cryptocurrency exchange OKX is causing significant congestion on the Bitcoin network. Mempool founder @mononautical reports that OKX has nearly 1,000 unconfirmed transactions remaining, totaling over 42 million virtual bytes and incurring fees exceeding 57 bitcoin (BTC). This represents a recovered value of approximately 730 BTC. Consequently, OKX The post OKX Backlog Snarls Bitcoin Transactions, Fees Surge appeared first on Coin Edition .