$ETH is burning.

Since EIP-1559 was implemented, over 4,000,000 ETH has been burned.

That’s ~$15 billion simply evaporated.

📉 While you’re holding your shitcoins, #ETH is becoming scarce.

📈 Every tick, the network burns tokens like gasoline.

What this means for ETH’s future:

Deflation when the network is busy. During high gas periods, ETH truly becomes a scarce asset as more ETH is burned than issued.

Circulating supply reduction combined with rising demand (DeFi, L2, NFTs, institutional flows via ETFs) creates a structural foundation for price increases.

Important:

Burning is not a pump button.

It’s a long-term structural factor that reduces supply as demand grows, amplifying moves in a bull market and softening dumps in a bear market.