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The crypto community is buzzing after Binance confirmed ownership of wallets holding large amounts of $LUNC — making it one of the biggest players in the Terra Classic ecosystem. But is Binance secretly stacking more? Let’s break it down 👇
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✅ What’s Confirmed
Huge LUNC Holdings: Binance officially disclosed wallets holding significant LUNC.
Burn Mechanism: Binance continues to burn LUNC tied to trading fees, supporting deflation.
Staking Support: LUNC staking has reopened, with validators (including Binance) actively engaged.
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⚠️ What’s Speculation
“92% of LUNC & 73% of USTC” Claim: No proof — these figures come from community posts, not verified data.
Secret Daily Accumulation: No on-chain evidence or official Binance confirmation.
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💡 The Real Picture
Binance is deeply involved in LUNC through holdings, burns, and staking. However, the idea that it’s “secretly stacking” LUNC remains community-driven speculation without hard evidence.
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🔎 Bottom Line
Yes: Binance is a major force in LUNC.
No: There’s no confirmed secret plan or hidden moonshot strategy.
Stay sharp: Always rely on on-chain transparency & official updates instead of rumors.