Ethereum Arbitrage Study Reveals Builders Get $5 for Every $1 Burned

A recent study by blockchain data provider Bitquery found that for every dollar burned in Ethereum's network, builders receive around $5.24 in receipts over a 30-day period.

The allocation of this surplus is as follows: 49.3% goes toward block assembly, 9.4% toward burned fees, and 41.3% to trading operators.

For ETH holders, the study highlights why measuring trading activity and holding the token require different metrics.