Tag: burning ethereum

  • User burned Ethereum tokens worth $5 million

    User burned Ethereum tokens worth $5 million

    On July 26, user nd4.eth sent 2,500 ETH (~$4.58 million at the time of writing) to a burn address. This was brought to the attention of journalist Colin Wu. source – https://twitter.com/WuBlockchain/status/1688480402443497472 According to onchain data, on July 29, he spent 5,330 DAI stablecoins to buy GMX and GNS tokens. On the same day, nd4.eth…