First, let's see how many burn transactions are there in osmosis?

Just one transaction of ~3.4M burn tx? 😮

Let's see the details of this one transaction:

That's odd. So, it is not possible to calculate all osmosis burns via this method.

let's calculate amounts of ATOM burn on OSMOSIS with the same method:

This works fine on ATOM. As we can see, May 9th till May 15th is the week with huge amount of Atom token burned on osmosis.

I assume that same thing happened for OSMO.

I think the reason behind it is the abnormal condition of the market. ($UST and LUNA crashed during this week)

If we consider all 'IBC transfer Out' of OSMO a burning transaction, we would have the following chart:

So, the same week is the week that the largest volume of OSMO burning happened.