Since the implementation of Ethereum Improvement Proposal (EIP) 1559, Ethereum's London hard fork has burned over 3.33 million ether, valued at $6.1 billion, in the past 21 months. The burn rate is currently around 3.51 ether per minute, with OpenSea contributing to the destruction of 230,050 ETH since August 5, 2021. The primary driver of this burning is traditional transfers of ether, with conventional ether transactions alone resulting in the destruction of 285,576 ether. Other notable contributors include Uniswap v2 and Tether's ERC20 transactions. The burning phenomenon demonstrates the significant economic activity and transformative power of decentralized finance, which will likely continue as Ethereum evolves and undergoes further upgrades.