The world’s largest crypto exchange Binance has burned over 6 billion Terra Classic (LUNC) tokens in the 6th batch of the LUNC burn mechanism. With the latest burn, Binance has burned almost 20 billion LUNC tokens in total from trading fees on LUNC spot and margin trading pairs. As a result, the Terra Classic price jumps nearly 2% in the last 24 hours.

Binance has burned nearly 6.39 billion Terra Classic (LUNC) tokens by sending them to the burn address on December 1 at 2:35 PM UTC. The transaction also shows a fee of 12.77 million LUNC. The sixth batch of LUNC trading fees burned is for the period October 30 to November 30.