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

    • Post author:MiamiCrypto
    • Post published:December 21, 2024
    • Post category:Ether/Ethereum Burn/News

    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.…

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

    Ethereum miners are hoarding a record $70B in ETH following EIP-1559 activation

    • Post author:MiamiCrypto
    • Post published:September 30, 2021
    • Post category:EIP-1559/ETH/Ethereum/Ethereum Burn/Ethereum Miners/Ethereum Supply/ETHUSD/inflation/Kraken/London Hard Fork

    The Ethereum block producers accumulated $6.1 billion worth of ETH tokens after the Aug. 5 network upgrade.

    Continue ReadingEthereum miners are hoarding a record $70B in ETH following EIP-1559 activation
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