Ethereum Burn Rate Surges 1,600%, But Whale Dumping Holds Back Gains – Will ETH Break Free?

Muthoni Mary Kiama

EIP-1559 Has Now Burned More ETH Than Ethereum Miners Hold

Ethereum (ETH) has seen an increase in burn rate this month, indicating that usage and activity on the network have increased significantly.

Go here to Read this Fast! Ethereum Burn Rate Surges 1,600%, But Whale Dumping Holds Back Gains – Will ETH Break Free?

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Ethereum Burn Rate Surges 1,600%, But Whale Dumping Holds Back Gains – Will ETH Break Free?