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EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold | Crypto Narratives

EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

So far, circa 961,920 ETH (Approximately $4.1 Billion) has been permanently destroyed in under 4 months, compared to 243,690 ETH, which is the current miner balance.

Around 80,968 ETH is burnt daily accounting for 66.48% in a net reduction of circulating coins.