Ethereum Has Burned 1.2 Million ETH in 4 Months, Close to $5 Billion in Ether Destroyed

As of today, December 28, 2021, 1.28 million ether has been destroyed by the burn process, which equates to close to $5 billion in USD value using today’s ETH/USD exchange rate.

The stable coin tether, used on Ethereum, has burned 67,932 ether worth $268 million and Uniswap v3 has burned 42,020 ether worth $167 million.

Source: Kyindo