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Ethereum Torches $18B in Value and Clears 6M ETH Burned, Yet the Supply Keeps Expanding

According to metrics, the tally of ETH burned from fees has sailed past the 6 million mark, meaning that as of Dec. 7’s exchange rates, more than $18 billion in value has effectively gone up in smoke since the London har...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum Torches $18B in Value and Clears 6M ETH Burned, Yet the Supply Keeps Expanding
According to metrics, the tally of ETH burned from fees has sailed past the 6 million mark, meaning that as of Dec. 7’s exchange rates, more than $18 billion in value has effectively gone up in smoke since the London hard fork on Aug. 5, 2021. ETH Bonfire Surpasses 6M ETH Since 2021’s London Upgrade […]

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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