I kind of think of burning crypto tokens a bit like a marketing gimmick, it doesn't really help much the price of the token by itself... Basically you cannot burn your way up or even to hold the token price.

A much better use of Hive tokens long term for the price of Hive instead of setting it to null beneficiary would have been if these whales were encouraging quality content creation on Hive or attracting big names to Hive...