Just-In: Binance Delists Terra Classic (LUNC) Perpetual Futures Contract, Selloff Coming?

The world’s largest crypto exchange Binance on Thursday announces plan to delist and update the leverage and margins for the USDⓈ-M 1000LUNCBUSD Perpetual Contract. It is a surprising move by Binance that could reduce the overall trading volume of Terra Classic ($LUNC) on the crypto exchange. Users are advised to close any open positions prior to the delisting time to avoid automatic settlement.