Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

Quick Summary:

This weekend, data confirms that more than 4.5 million ether (ETH) have been burned on the Ethereum network since Aug.5, 2021, marking the implementation of Ethereum Improvement Proposal (EIP)-1559.

The Great Ethereum Burn Approximately three years and four months have passed since the London hard fork was activated, and during that time, 4,523,479.

Ethereum’s $15.3B Burn Bonfire: Over 4.

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Article Details

Author / Journalist: Jamie Redman

Category: Crypto

Markets: Japan

Topics: News Ethereum burn Ether

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-21 @ 16:45:40 (1 days ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Article Length: 7 words

Reading Time: 1 minutes read

Sentences: 1 lines

Sentence Length: 7 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 24576370

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