Week that the most volume of Luna burning happened

The chart below shows the amount of Luna that burnt.

From November 8th, till November 22th the most burn in Luna happened.

Total burnt Luna weekly since the first day

Luna and UST burnt weekly over time

The chart below shows the amount of Total burnt luna vs total Luna that had been burnt in USD.

Total Burnt Luna

The total Luna that had burnt since the first date is 505 million.

Total Burnt in USD

The total burnt Luna is valued at 19.88 billion.

Burnt Luna Vs. average price

The chart below shows the weekly average Luna price when Luna burnt. From November 8th till November 15th when most Luna amount had burnt the average price of Luna was around 44.

Ust VS. Luna

The chart below shows the total Luna supply VS. Total UST volume.

What caused this event?

The terra network assembled a vote on November 10th, 2021.

In this vote users of terra, blockchain can vote if the some Luna burnt and transform them to UST. And the result made the Luna blockchain burnt about 4.5 billion Luna.

After this finding, The volume of UST increases to 20 Billion.