❌ Ethereum's fees suddenly rise to 50 cents as one address accounts for 20% of all transactions

One Ethereum ($ETH) address has suddenly risen to account for 20% of all gas usage, hitting network capacity today with fees rising up to $0.52 per transaction. According to data by ETH Gas Station, it cost only about one cent to move eth. The culprit appears to be a normal address rather than a smart contract, with some suggesting it is randomly moving millions of dollars worth of eth to and from seemingly random addresses.