Since Ethereum Improvement Proposal (EIP) 1559 went live on the mainnet on August 5, 2021, the value of the destroyed Ethereum has surpassed the $2.4 billion mark.
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According to data shared by ETH Burn Bot, the number of Ethereum destroyed as of last night has exceeded 600,000.
https://twitter. com/ethburnbot/status/1451651477043236866
Since Ethereum has seen over $4,000 on crypto asset trading platforms, the total value of ETH burned is equivalent to $2,406,906,000.
Last month, Ethereum network users paid more than $1,000,000,000 in network fees. 82.45% of these wages were burned.