According to current metrics, the Ethereum blockchain has burned 2.35 million ether since the implementation of Ethereum Improvement Proposal (EIP) 1559. The $8.10 billion in value was burned over the course of nine months and during the last seven days, 18,110 ether worth $34.9 million was destroyed.
2.35 Million Ethereum Burned — Ethereum Dev Says The Merge Could Happen in August
Approximately 288 days ago, Ethereum developers implemented EIP 1559, a ruleset upgrade that basically…
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