A total of 3,961,637.63 ETH were destroyed on the Ethereum network
According to Ultrasound data on January 28th, a total of 3,961,637.63 ETH have been burned on the Ethereum network so far. Among them, OpenSea burned 230,050.84 ETH, ETH transfers burned 326,300.91 ETH, and Uniswap V2 burned 215,207.04 ETH.
Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network will dynamically adjust the BaseFee for each transaction based on transaction demand and block size, and this portion of the fee will be directly burned.
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
Institutions are looking for ‘1000x’ opportunities in crypto: Coinbase
Coinbase Institutional’s David Duong looked at how crypto performed in January and explains where crypto’s growing
Bitwise CIO says Bitcoin’s four-year cycle may be broken by Trump’s new crypto executive order
Sei Foundation launches $65 million DeSci venture fund 'Sapien Capital'
Sei Foundation has launched Sapien Capital, a $65 million venture fund to back DeSci startups building on its Layer 1 Sei blockchain.The foundation has fully committed the $65 million, with no external capital involved, Justin Barlow told The Block.
The Daily: Trump Media approves Truth.Fi launch and crypto investments, Robinhood teases bitcoin futures trading and more
Trump Media & Technology Group has launched a fintech venture called Truth.Fi, aiming to invest up to $250 million in bitcoin, similar cryptocurrencies or crypto-related securities, ETFs and other financial assets.Popular retail platform Robinhood teased the launch of bitcoin, ether, oil and gold futures trading on Wednesday alongside S&P 500, USD and EUR futures, facilitated by the CME Group.