In May, 3 wallets belonging to the Binance exchange were whitelisted on the Terra Classic chain.
One of these wallets shows a notable activity of $LUNC .
The amount of LUNC in the Binance wallet "terra1zphegzz94l3mr9w56yq6845wfcfllmrdn8xzyc" is steadily increasing.
The amount of LUNC in the wallet has increased by approximately 15 billion over the last month. You can see the amount of increase in the chart as well. Binance regularly transfers LUNC to this wallet.
Now you see why the 3 wallets were whitelisted. The whitelisted wallets are exempt from the burn tax.
Binance knows the value of each $LUNC well.