According to Conor Grogan from Coinbase, the amount of Ether lost due to user errors has surged 44% since March 2023, with the total reaching more than 3.43 billion USD. Major incidents include issues from Parity Multisig and Quadriga’s contracts.
The EIP-1559 proposal has burned significant ETH, contributing to a reduction in circulating supply. Overall, about 6.2 million ETH, representing 5% of the total supply, is now lost or destroyed.
Leave a Reply