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1 billion ETH burned after London Update

Uğur Bayram

Sep 15, 2021

The amount of ethereum burned since the London update arrived has exceeded $1 billion.

The amount of ethereum burned since the London update arrived has exceeded $1 billion.
According to some data, the amount of ethereum burned was 303,781 ETH, which, when calculated according to its value, exceeds 1 billion dollars.
With the update, the transaction fee system has been changed and gas calculations have become better.
Currently, the burn rate is 5 ETH per minute and 26 million ETH per year.

Attention to Investors!

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The information, comments and recommendations contained herein are not within the scope of investment consultancy. Investment consultancy service is provided by authorized institutions with the individual's risk and profit preferences taking into account. The comments and recommendations on the other hand here are general. These recommendations may not be suitable for your financial situation and risk and profit preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results in line with your expectations.

PiSoCrypto Team

Contact

  • Siyah Instagram Simge
  • Siyah Heyecan Simge
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