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