$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions Post author:MiamiCrypto Post published:February 1, 2022 Post category:Blockchain / Cryptocurrency / emissions / ETH / Ethereum / inflation / OpenSea / Token burn Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. You Might Also Like Marvel to Drop Captain America NFT Statues, Fully-Readable Amazing Spider-Man #1 NFTs August 31, 2021 Nobel Laureate Paul Krugman Says Bitcoin Is ‘Economically Useless’ — Criticizes Trump’s Crypto Support July 31, 2024 US Court Orders FTX and Alameda to Pay Fraud Victims $12.7 Billion in Historic CFTC Recovery August 8, 2024
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