The Ethereum network has currently destroyed more than 4.29 million ETH
According to Ultrasound data, as of now, the Ethereum network has destroyed a total of 4,290,622.06 ETH. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee of each transaction based on transaction demand and block size, and this portion of the fee will be directly burned 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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Data: If ETH falls below $2,869, the cumulative long liquidation intensity on major CEXs will reach $847 million.
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