Someone sent some special internet money called "ether" to a place where they can't use it anymore. This made the amount of ether go down and the value of each ether go up. They did this because there was a big change in how people pay for using the internet money system called Ethereum. Now, instead of paying the same fee every time, they pay more or less depending on how busy it is. The extra fees are taken away and destroyed, so there will never be enough ether for everyone who wants it. This makes each ether more valuable and rare. Read from source...

- The article does not mention the reason behind the massive burning of ETH, which could be due to various factors such as users preparing for the upcoming merge with Ethereum 2.0, or hedging against inflation, or exploiting arbitrage opportunities, etc.
- The article uses the term "burned" without explaining what it means in the context of Ethereum transactions. A more accurate and informative way to describe this process would be "sent to a non-revocable address", which implies that the coins are locked forever and cannot be retrieved or spent again.
- The article does not provide any historical or comparative data on how much ETH has been burned in the past, or how it affects the overall supply and demand dynamics of the cryptocurrency market. This could help readers to understand the significance and implications of this event better.