Luna Classic Community The Big Picture on Binance’s Role for $LUNC👇
Thanks to
@Masterincryptoo -> We see you. We see the accumulation patterns, the deposit flows, and the strategic positioning. Far from a negative — it’s a sign that a major institution sees long-term value in keeping Terra Classic functional. They hold the keys to massive potential burns, recovery mechanics, and ecosystem revival.
Dig deeper: Back in 2022-2023,
@btcturk funneled approximately 1.1 TRILLION LUNC to Binance’s old deposit address (ending in EHT5).
~870B of that with the repeated memo 106125745
The rest in other batches
These weren’t random transfers.
They look like coordinated transfers — possibly client withdrawals, internal moves, or liquidity provisions landing straight into Binance’s ecosystem.
— and the numbers point to one dominant player: Binance estimates floating around 80-90% of circulating supply.
It’s the reality of a massive exchange that stepped up during the Terra collapse, absorbing huge volumes when others stepped back. They became the primary liquidity hub for
$LUNC and
$USTC.
This isn’t blind trust. The community is watching on-chain data closely (wallets, memos, flows). Transparency matters.
$LUNC holders aren’t going anywhere. Smart money positioning for whatever comes next — whether that’s a phoenix revival or continued steady support.