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How much ETH has been burned since the London Hardfork?

$1 million worth of ETH has been burned in under three hours since the London hardfork and the implementation of EIP-1559 earlier today. Ethereum’s EIP-1559 update has already burned $1 million worth of ETH.

How much ETH was burned in the last hour?

At 4:24 PM, 401 eth worth $1,114,238 was burned in total according to data by Eth Burned from eth coder David Mihal. That also says 283.7942854126 eth was burned in the last hour, worth $785,000.

How much money has Ethereum burned?

At the time of writing, Ethereum has burned 408.84 ETH—about $1.1 million at current market prices. According to data from ultrasound.money, some of the biggest ETH burners so far have been Uniswap, OpenSea, and Tether.

How much money is burned in a week and a half?

So this is moving very quickly with it potentially being the case that about $100 million is burned in a week and a half or ten days. Just how much is taken out of circulation depends on network usage that determines the level of network fees.

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