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How much ETH has been burned?

According to data from tracking website Watch the Burn, a total of 1.747 million ether worth $4.58 billion has been burned since August, with an average of 307 ETH worth $800,000 being burned per hour, and 12,300 worth $32 million being burned per day.

How much money has been burned by Ethereum?

#Ethereum #ETH Over $4.5 Billion Worth of Ethereum ($ETH) Has Already Been Burned, Data Shows: Over $4.5 billion worth of the second-largest cryptocurrency by market capitalization, Ethereum ($ETH), has been burned since the implementation of Ethereum Improvement Proposal (EIP) 1559 via the London hard fork on August 5. According to [...]

How many ETH has eip-1559 burned?

In the time since EIP-1559 went live, most blocks have burned under 1.5 ETH. According to Watch The Burn, 2,610,489 ETH has been created since the EIP-1559 launch, while 2.6 million ETH has been destroyed. (May, 2022)

How did Ethereum's eip-1559 update affect the price of ETH?

Ethereum’s EIP-1559 update has already burned $1 million worth of ETH. With the new update, the base fee from each Ethereum transaction gets burned, deflating the supply of ETH. In the meantime, the price of ETH has jumped more than 6% in the last hour.

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