Ethereum Network Burned Over $2.4 Billion Worth of ETH in 87 Days – Technology Bitcoin News

87 days ago, the Ethereum network successfully implemented the London hard fork upgrade, and ever since then over 700,000 ether has been burned, or more than $2.4 billion using today’s exchange rates.

702,886 Ethereum Burned Since the London Hard Fork

Data from Dune Analytics indicates that on October 31, 2021, otherwise known as Halloween, 702,886 ethereum (ETH) has been burned. The burning of ethereum started on August 5, 2021, when the Ethereum network successfully implemented…


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