Ethereum Supply Under Pressure As $19,000,000 in ETH Gets Burned per Day

Image by WorldSpectrum from Pixabay

The daily supply of Ethereum is under heavy pressure as the leading smart contract platform now burns thousands of ETH per day.

Etherchain, an Ethereum on-chain monitoring tool, shows that the second-largest crypto asset is now torching 4.23 ETH per minute, which equates to 6,091.2 ETH burned per day, worth over $19 million at time of writing.

Read the full article by Daily Hodl Staff @

Image by WorldSpectrum from Pixabay

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