2,500 ETH Burned Today, Here’s What Happens to Price

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2,500 ETH Burned Today, Here’s What Happens to Price
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2,500 $ETH was burned today, here’s how much Ethereum has been destroyed in total since 2021. cryptoburn

. This amount of Ether is worth $4.6 million. Nobody knows who this burner was and why he decided to remove the aforementioned ETH stash.

However, @sassal0x made a reminder that roughly every 30 hours, the Ethereum network removes 2,500 from the circulating supply thanks to the EIP-1559 upgrade implemented two years ago.Friendly reminder that the Ethereum network currently burns 2,500 ETH every 30ish hours thanks to EIP-1559

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