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Cryptopolitan 2023-05-28 22:05:29

Ethereum burned $6.1 billion ETH in 21 months

In the past 21 months following the implementation of Ethereum Improvement Proposal (EIP) 1559, Ethereum’s London hard fork has witnessed staggering destruction of over 3.33 million ether, valued at a jaw-dropping $6.1 billion. The burn rate currently stands at approximately 3.51 ether per minute, further solidifying the network’s unique burning phenomenon. OpenSea helped Ethereum burn ... Read more

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