Someone sent some digital money called Ether to an empty wallet so they couldn't use it anymore. This made less Ether available in the world and reduced the total amount of digital money that can be created by Ethereum, a system that helps people create and trade digital money. This happened because of a recent change in how people pay for using this system. Now, part of the payment is destroyed instead of being kept or given to someone else. Read from source...
- The title is misleading and sensationalist. It suggests that someone or some entity deliberately burned 2,972 ETH worth $7M, as if it was a malicious act or a scandal. However, this is not the case. Burning Ether is a normal and expected outcome of using the Ethereum network, especially after the EIP-1159 upgrade that introduced the concept of base fees being burned. The author should have used a more accurate and informative title, such as "How EIP-1159 Caused 2,972 ETH to be Burned in a Day".
Neutral
Explanation: The article provides factual information about the burning of Ethereum transactions and the impact of EIP-1159 on the supply of Ether. There is no clear indication of a bearish or bullish sentiment towards Ethereum in this article, as it does not express any opinions or predictions about its future performance. Therefore, the sentiment is neutral.