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EIP-1559 has burned 2 million Ethereum

EIP-1559 has burned 2 million Ethereum

According to data from ultrasound.money, EIP-1559, Ethereum’s popular fee burning proposal that launched in August 2021, has taken 2 million ETH out of circulation.

Ethereum currently burns just over 6 ETH per minute. While Uniswap was previously the biggest gas guzzler on the network, a boom in the NFT market has led to OpenSea taking the top spot, with ETH transfers in second place ahead of Uniswap transactions.

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