EIP-1559, Ethereum's famous fee burning proposal, has removed 2 million ETH out of circulation since its launch in August 2021.

The Ethereum EIP-1559 upgrade has burned over $400 million ETH. Over $400 million in ETH has now been taken out of circulation

Since the "London Hard Fork," took effect, Ethereum has burned over $100 million in fees due to EIP-1559.