Ethereum executed the beacon chain merger on September 15, 2022, and today is the first anniversary of the merger.
According to on-chain data provider Ultrasound.money, the Ethereum supply has been reduced by 299,722.81 ETH since the merger, leaving Ethereum in a state of deflation.
In addition, the amount of ETH destroyed since the merger reached 981,698.48 pieces, worth approximately US$1,655,780,441.