I started realizing just how much chess is being played between CEXs like Binance and Coinbase when $LUNC lit up.
Like.. Binance will stake their entire holding rather than paying the 1.2% burn tax, but supports the burn tax. LoL
It's a battle. They may even have AI programs that decide which large exchange keeps the major holding on which token.
Coinbase may sweep Binance for the governance of $LUNC. Which would be pretty amazing.
Lots and lots of wallets and exposure to 'in the know' crypto bros.
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