Over $50 million worth of ETH has been sent to a burn address
According to data shows that as of the time of writing, over 13,300 ETH has been sent to the Ethereum burn address, with a current value of over $50 million. In addition, according to Ultrasound Money, the current burn rate is far behind the issuance rate, with an average of 303,000 ETH burned per year and 918,000 ETH issued per year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget Spot Margin Announcement on Suspension of ELX/USDT Margin Trading Services
Enjoy perks for new grid traders and receive dual rewards totaling 150 USDT
Bitget Spot Margin Announcement on Suspension of BEAM/USDT, ZEREBRO/USDT, AVAIL/USDT, HIPPO/USDT, ORBS/USDT Margin Trading Services
Bitget Spot Margin Announcement on Suspension of MAVIA/USDT, BADGER/USDT, BAN/USDT, PONKE/USDT, FLOCK/USDT Margin Trading Services
Trending news
MoreCrypto prices
More
