This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug. 5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559. The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.74 ETH […]
Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation
Timmy Grimberg
Timmy is a passionate cryptocurrency enthusiast and experienced writer with a knack for breaking down complex blockchain concepts into digestible insights. With years of experience covering crypto trends, market analysis, and emerging blockchain technologies, Timmy strives to keep readers informed and ahead of the curve in the ever-evolving world of digital currencies. When not writing, Timmy enjoys exploring decentralized applications and engaging with the global crypto community.