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What is the total amount of ETH that has been burned?

avatarMəhəmmət BakirovDec 26, 2021 · 3 years ago3 answers

Can you provide information on the total amount of Ethereum (ETH) that has been burned so far? I'm curious to know how much ETH has been permanently removed from circulation.

What is the total amount of ETH that has been burned?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The total amount of Ethereum (ETH) that has been burned refers to the amount of ETH that has been sent to an address that is not accessible or recoverable. This process is irreversible and effectively removes the ETH from circulation. As of now, the exact total amount of ETH burned is constantly changing due to ongoing transactions. However, you can check blockchain explorers or Ethereum analytics websites for real-time updates on the total amount of ETH burned.
  • avatarDec 26, 2021 · 3 years ago
    Oh boy, you're asking about the total amount of ETH that has gone up in smoke! Well, let me tell you, it's quite a hefty sum. Ethereum has a mechanism called 'burning' where ETH is sent to an address that can never be accessed again. This effectively reduces the total supply of ETH in circulation. While I don't have the exact number at this moment, you can easily find it by checking out blockchain explorers or Ethereum analytics websites. Just keep in mind that the total amount of ETH burned is constantly changing as transactions occur.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi, a leading cryptocurrency exchange, has been closely monitoring the total amount of Ethereum (ETH) that has been burned. As of the latest data, the total amount of ETH burned is approximately X ETH. Burning ETH helps to reduce the total supply and can have a positive impact on the price of the remaining ETH in circulation. If you're interested in staying updated on the total amount of ETH burned, you can visit BYDFi's website or check out their official social media channels for regular updates.