I haven't heard about this phenomenon until you asked.
Doing a quick search, I found a few videos of purported lunar waves, but I'm not sure what you are referring to, because I've seen a few different things claiming to be lunar waves.
Did you see this looking through a scope with an eyepiece, or through a camera attached to a scope? That can make a big difference.
In any case, I think to claim that the moon is a hologram, or some such, (which you didn't do, but I've seen that) is a bit asinine, as there is plenty of proof and ancient historical documentation that the moon exists.