After seeing Ethereum's burn, do you still dare to short?
🔸Since the implementation of EIP-1559 (London upgrade) in August 2021, approximately 5.3 million ETH have been destroyed, worth about 23.4 billion USD. The amount destroyed is influenced by network transaction fees (Gas Fee), with each transfer and contract interaction destroying a portion of ETH.
🔸In July 2025, blockchain explorers indicated an average daily destruction of about 1,200 ETH, but the daily destruction amount has dropped as low as 53.07 ETH (in March 2025). Additionally, approximately 913,000 ETH (worth 3.43 billion USD) have been permanently lost due to user errors and system vulnerabilities, accounting for 0.76% of the total supply. If the destruction amount from EIP-1559 is included, over 5% of ETH has permanently exited circulation, with Ethereum's current circulating supply at about 121 million ETH!
#ETH走势分析
🔸Since the implementation of EIP-1559 (London upgrade) in August 2021, approximately 5.3 million ETH have been destroyed, worth about 23.4 billion USD. The amount destroyed is influenced by network transaction fees (Gas Fee), with each transfer and contract interaction destroying a portion of ETH.
🔸In July 2025, blockchain explorers indicated an average daily destruction of about 1,200 ETH, but the daily destruction amount has dropped as low as 53.07 ETH (in March 2025). Additionally, approximately 913,000 ETH (worth 3.43 billion USD) have been permanently lost due to user errors and system vulnerabilities, accounting for 0.76% of the total supply. If the destruction amount from EIP-1559 is included, over 5% of ETH has permanently exited circulation, with Ethereum's current circulating supply at about 121 million ETH!
#ETH走势分析