Transfers of $LUNC made through the Bitkub wallet are drawing attention. As a result of the transfers, 1 billion $LUNC has been burned.

We see that these transfers are planned. We observe that 30 billion $LUNC has been transferred to newly opened wallets, separately. Symbolic $LUNC transfers were made to the wallets on 18.06.2025, and the wallets have been recorded.

The planned transfers made on the Terra Classic chain do not surprise us. We believe there is an account related to $LUNC and $USTC.

#TerraClassic #LUNC #USTC