According to news on November 1st, according to Ouke Cloud Chain data, the supply of Ethereum was in a state of deflation for 4 consecutive days from October 27th to 31st. The total supply was reduced from 117,457,744 to 117,449,172, and 8572 in 4 days.
On August 5th, Ethereum implemented the EIP-1559 proposal. Each transaction user needs to pay a fixed basic fee, and the basic fee is completely destroyed.
Since the implementation of the program, Ethereum has destroyed more than 710,000, currently worth about 3 billion U.S. dollars.