Total ETH burned crosses 1.5 million ahead of Ethereum Dencun upgrade
According to Ultrasound Money, since EIP-1559 was implemented, there have now been 1,502,518.84 ETH burned, which is more than $5.6 billion at current prices.
The number of burned ETH has also greatly surpassed that of ETH issued, which means that the network has turned deflationary.
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