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Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

December 21, 2024
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Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation
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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 […]
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