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Since the August 5th London upgrade, the Ethereum network has burned 303,681 ETH worth more than a billion U.S. dollars as of September 16th. OpenSea, the popular NFT trading platform, is the largest ETH burner as of today. Followed by Uniswap and Tether.
The London upgrade has made it so the more the Ethereum network is used, the more ETH that will be burned.
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