Mempool founder: The total fee for OKX wallet aggregation operations reached 254.28 BTC, approximately 17.6 million USD

ChainCatche message, mempool founder @mononautical posted on the X platform that OKX has generated a total of 2385 transactions from all confirmed and pending wallet aggregation operations starting from block 846867, spending 357092 inputs, consuming 103 MvB, with an average fee rate of 246.65 sat/vb, and a total fee of 254.28 BTC (approximately 17.6 million USD). He explained that this seems to be due to an ineffective automated system leading to uncontrolled fees.