Is this humongous 6.4 billion Luna Classic burn nothing more than a public stunt? On-chain metrics reveal the truth.

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bitcoinBitcoin
$ 84,803.00
$ 84,803.00
1.58%
ethereumEthereum
$ 2,704.06
$ 2,704.06
0.81%
tetherTether
$ 0.999732
$ 0.999732
0.02%
xrpXRP
$ 1.49
$ 1.49
0.21%
bnbBNB
$ 771.39
$ 771.39
0.35%
usd-coinUSDC
$ 0.999932
$ 0.999932
0.01%

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bitcoin
Bitcoin (BTC) $ 84,803.00
ethereum
Ethereum (ETH) $ 2,704.06
tether
Tether (USDT) $ 0.999732
xrp
XRP (XRP) $ 1.49
bnb
BNB (BNB) $ 771.39
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
usd-coin
USDC (USDC) $ 0.999932