🔍 The Major Holders of $LUNC : Who Controls #TerraClassic in 2025?
Terra Classic ( #LUNC ) remains a community-driven project, but its token distribution reveals the influence of large holders ("whales") and exchanges. Here are the key data points:
1. Dominant Exchanges
- Binance: The largest holder, with ~12% of the circulating supply (667B LUNC). It conducts monthly fee burns.
- KuCoin and Gate.io: Together control ~8% (440B LUNC), providing liquidity and trading.
2. Market-Power Whales
- Top 10 addresses: Accumulate ~15% of the supply (837B LUNC).
- Key example: An anonymous address holds 1.2B LUNC ($84K), active in staking and governance voting.
3. Institutional Stakers
- Leading validators: Such as Allnodes and Orion, staked ~2.1T LUNC (38% of circulating supply), securing the network and earning rewards.
4. Retail Community
- Retail holders: 4.8M addresses, but only 7% hold more than 1M LUNC ($70). Most are small investments.
5. Risks and Controversies
- Centralization: 35% of LUNC is on exchanges, exposed to hacks or massive sell-offs.
- Manipulation: Whales can influence governance votes or price with OTC orders.
While the "LUNC Army" community promotes decentralization, real power remains in the hands of exchanges and whales. Key points for investors:
- Monitor movements of Binance and validators.
- Verify transparency in burns and staking.
UNQUESTIONABLY LUNC will rise again. USTC will once again have a value of 1 to 1 with the dollar.