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A total of 3,909,775.52 ETH has been burned on the Ethereum network

A total of 3,909,775.52 ETH has been burned on the Ethereum network

2024/01/07 23:38
UNI-4.24%ETH-9.19%

According to Ultrasound data, as of now, a total of 3,909,775.52 ETH have been burned on the Ethereum network. Of these, OpenSea has burned 230,050.83 ETH, ETH transfers have burned 322,635.89 ETH and Uniswap V2 has burned 214,050.83 ETH. Note: Since the introduction of EIP-1559 with the Ethereum London upgrade, the Ethereum network dynamically adjusts the BaseFee for each transaction based on transaction demand and block size; this portion of fees is directly burnt and destroyed.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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