Over 2 Million Ethereum Burnt Since EIP-1559’s Inception

In a major boost to Ethereum (ETH), EIP-1559 has burnt over 2 million ETH since its inception. This also means that over $5.7 billion worth of ETH tokens now have been sent to the unknown dead wallet since August 2021. The second-largest cryptocurrency has registered a surge of over 12% in the past 7 days.

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