$4.6 billion in Ethereum up in flames since EIP-1559
In just the last seven days, the Ethereum protocol has destroyed more than 16,364 ETH at an estimated rate of 1.62 ETH per minute, according to Ultrasound Money.
Since EIP-1559 was implemented, a grand total of 2.8 million ETH has been removed from circulation or roughly $4.6 billion at today’s prices.