Binance Whale Stakes 1.3 Billion LUNC: What It Means for Investors
- Terra Luna Classic’s staking ratio nears a record high of 15.16%, with over 1.025 trillion LUNC staked.
- A significant 1.3 billion LUNC stake from a Binance wallet boosts the staking ratio to 15.13%.
- Terra Luna Classic developer completes Oracle Split logic to enhance long-term staking rewards.
The Terra Luna Classic community is experiencing a surge in its staking ratio, nearing a new milestone. The staking ratio has reached 15.13%, just shy of its all-time high of 15.16%, as community members continue to stake large amounts of LUNC on the chain.
According to StakeBin, over 1.025 trillion LUNC tokens have been staked on the network, driven by massive delegations to validators.
Staking ratio on terra classic is back above 15%
— Terra Classic Foundation (@TCF_Terra) July 6, 2024pic.twitter.com/KfggxMNvuW
Mr. Diamondhandz1, a prominent community member and owner of the LuncLive validator, reported a new all-time high with over 21 billion LUNC staked. A single transaction from a Binance wallet, valued at $90,000, contributed 1.3 billion LUNC to this surge.
LUNC’s price has seen a modest increase. As of press time, Terra Luna Classic trades at $0.00007…
The post Binance Whale Stakes 1.3 Billion LUNC: What It Means for Investors appeared first on Coin Edition.
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Binance Whale Stakes 1.3 Billion LUNC: What It Means for Investors
- Terra Luna Classic’s staking ratio nears a record high of 15.16%, with over 1.025 trillion LUNC staked.
- A significant 1.3 billion LUNC stake from a Binance wallet boosts the staking ratio to 15.13%.
- Terra Luna Classic developer completes Oracle Split logic to enhance long-term staking rewards.
The Terra Luna Classic community is experiencing a surge in its staking ratio, nearing a new milestone. The staking ratio has reached 15.13%, just shy of its all-time high of 15.16%, as community members continue to stake large amounts of LUNC on the chain.
According to StakeBin, over 1.025 trillion LUNC tokens have been staked on the network, driven by massive delegations to validators.
Staking ratio on terra classic is back above 15%
— Terra Classic Foundation (@TCF_Terra) July 6, 2024
Mr. Diamondhandz1, a prominent community member and owner of the LuncLive validator, reported a new all-time high with over 21 billion LUNC staked. A single transaction from a Binance wallet, valued at $90,000, contributed 1.3 billion LUNC to this surge.
LUNC’s price has seen a modest increase. As of press time, Terra Luna Classic trades at $0.00007…
The post Binance Whale Stakes 1.3 Billion LUNC: What It Means for Investors appeared first on Coin Edition.
Read More