Raging Inferno: Over 3% of All Ether Supply Has Been Burned Since Implementing EIP-1559
Ethereum has shed a significant part of its supply since the London upgrade, applied in August 2021. According to ultrasound.money, a portal that records several statistics associated with the ETH burn, over 4 million et...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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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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