Tag: 4809
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Ethereum to burn $247.7M in ETH once price hits $5,000 per EIP-1559
Ethereum (ETH) worth $247,764,368 will be burned when ETH reaches $5,000, reducing supply. Vitalik Buterin proposed EIP-1559 to implement this deflationary mechanism.
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Ethereum 30-day netflow hits -12,500 ETH as buyers dominate market
Ethereum 30-day netflow average hits -12,500 ETH, with buyers dominating. Bitcoin and Solana also show increased accumulation amid market shifts.