01-20-2022, 05:24 AM
A total of $5.9 billion in ETH (1,556,769 ETH) was burned since EIP-1559 was impleme
<!-- SC_OFF --><div class="md"><p>As of January 19th, 2022 9:53 AM GMT, 1,556,769 ETH worth <a href="https://bi.etherscan.io/public/dashboards/ORfoxXZXVdCGQ4ShYL2Ndk7ji6n0hLy9RwSrvt4w?org_slug=default">$5,939,527,711</a> was burned since the implementation of EIP-1559 on August 5th,2021.</p> <p>Its wild to think that ETH amounting to more than the entire market cap of Ethereum classic was burned in just 5 months time since EIP-1559 and still more is to come.</p> <p>The highest amount burned was 19,424 ETH on 10th january,2022 and atleast 10,000 ETH or more was burned everyday since january 4th till today.</p> <p>If the amount of ETH burned was a coin it will be #32 in market cap today.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/That-Attitude6308"> /u/That-Attitude6308 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s7mw7b/a_total_of_59_billion_in_eth_1556769_eth_was/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s7mw7b/a_total_of_59_billion_in_eth_1556769_eth_was/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>As of January 19th, 2022 9:53 AM GMT, 1,556,769 ETH worth <a href="https://bi.etherscan.io/public/dashboards/ORfoxXZXVdCGQ4ShYL2Ndk7ji6n0hLy9RwSrvt4w?org_slug=default">$5,939,527,711</a> was burned since the implementation of EIP-1559 on August 5th,2021.</p> <p>Its wild to think that ETH amounting to more than the entire market cap of Ethereum classic was burned in just 5 months time since EIP-1559 and still more is to come.</p> <p>The highest amount burned was 19,424 ETH on 10th january,2022 and atleast 10,000 ETH or more was burned everyday since january 4th till today.</p> <p>If the amount of ETH burned was a coin it will be #32 in market cap today.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/That-Attitude6308"> /u/That-Attitude6308 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s7mw7b/a_total_of_59_billion_in_eth_1556769_eth_was/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/s7mw7b/a_total_of_59_billion_in_eth_1556769_eth_was/">[comments]</a></span>Kind Regards R