02-18-2023, 09:03 PM
Roughly 2 ETH gets burned every minute!
<!-- SC_OFF --><div class="md"><p>I just decided to watch the charts and wonder how many ethereum gets burned and it's a lot!<br/> Here are some key statistics:</p> <ul> <li>About 2 ETH gets burned every minute currently</li> <li>Since the merge the supply decreased by about 28 thousand ETH</li> <li>The supply is expected to drop by 0.56% this year based on todays volume</li> <li>In a few weeks we should reach a total of 3 million ETH burned(be prepared for some headlines)</li> </ul> <p>In short EIP-1559 is a huge success and in time it should reflect in the price as well.</p> <p>If you want to watch ETH burn as well be sure to checkout: <a href="https://ultrasound.money/">https://ultrasound.money/</a> <a href="https://beaconcha.in/burn">https://beaconcha.in/burn</a></p> <p>P.S: Fun fact it was almost a year ago that we hit 2 million ETH burned.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Darkmiclos"> /u/Darkmiclos </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/115cr54/roughly_2_eth_gets_burned_every_minute/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/115cr54/roughly_2_eth_gets_burned_every_minute/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>I just decided to watch the charts and wonder how many ethereum gets burned and it's a lot!<br/> Here are some key statistics:</p> <ul> <li>About 2 ETH gets burned every minute currently</li> <li>Since the merge the supply decreased by about 28 thousand ETH</li> <li>The supply is expected to drop by 0.56% this year based on todays volume</li> <li>In a few weeks we should reach a total of 3 million ETH burned(be prepared for some headlines)</li> </ul> <p>In short EIP-1559 is a huge success and in time it should reflect in the price as well.</p> <p>If you want to watch ETH burn as well be sure to checkout: <a href="https://ultrasound.money/">https://ultrasound.money/</a> <a href="https://beaconcha.in/burn">https://beaconcha.in/burn</a></p> <p>P.S: Fun fact it was almost a year ago that we hit 2 million ETH burned.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Darkmiclos"> /u/Darkmiclos </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/115cr54/roughly_2_eth_gets_burned_every_minute/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/115cr54/roughly_2_eth_gets_burned_every_minute/">[comments]</a></span>