A significant amount of LUNC is flowing out of Binance

Withdrawals Dwarf Deposits on Binance

A notable shift in liquidity is underway for Terra Classic's $LUNC on @Binance. According to data shared by @TerraClassic_, 2.5 billion $LUNC was pulled from the exchange within a single 24-hour window, while only 980 million tokens were deposited over the same period. That leaves a net outflow of 1.5 billion $LUNC, with withdrawals outpacing deposits by 72%.

Such a one-sided flow can signal that holders are moving tokens off the exchange into self-custody or to other platforms, which is sometimes read as a sign of reduced near-term selling pressure. Whether this shift reflects long-term conviction or short-term repositioning remains to be seen, but the scale of the move is hard to ignore.

$LUNC is up 3% in the past 24 hours, a modest gain that coincides with the outflow data.

Binance Remains Central to the LUNC Ecosystem

The outflow figures underscore just how dominant @Binance is within the Terra Classic ecosystem. Binance accounts for approximately 60% or more of all LUNC trading volume and burns. The exchange also runs a long-standing monthly buyback-and-burn program funded by trading fees from LUNC-linked pairs. Binance completed its most recent burn on August 1, 2026, permanently removing 275,649,084 $LUNC from circulation, representing 50% of trading fees generated from LUNC-linked pairs during July 2026.

Over 452 billion tokens have been removed since May 2022, though the circulating supply remains at approximately 5.523 trillion, making each individual burn a marginal fraction of total supply. That context is worth bearing in mind when assessing any single day's price move or exchange flow.

As of August 2, 2026, the on-chain burn tax stands at 1.5%, with 1.2% burned and 0.3% split between the Community Pool and Oracle Pool. The on-chain tax applies only to transactions made directly on the Terra Classic blockchain, while trades on centralized exchanges are covered separately by each exchange's own burn program.

For now, the combination of rising withdrawals, a modest price uptick, and Binance's continued burn activity gives $LUNC watchers a few data points to track in the days ahead.

Sources:
CoinReporter: Binance Executes Monthly LUNC Burn, August 2026
CoinMarketCap: Latest Terra Classic News and Market Insights