Binance to Pause LUNA Deposits & Withdrawals for Terra Upgrade on Dec 8, 2025

Published: 2025-12-05 03:45:23 |

Binance will temporarily suspend deposits and withdrawals of Terra (LUNA) on December 8, 2025 to support a scheduled Terra network upgrade targeting block height 18,660,000. Binance says the deposit/withdrawal pause begins at 20:05 (UTC+8) with the block milestone expected around 21:05 (UTC+8). Spot and derivatives trading for LUNA are expected to remain active and funds held on the exchange will remain secure. The suspension is a precaution to protect user funds during the protocol transition and will remain in effect until the upgrade completes and the network is judged stable. Traders should avoid initiating large LUNA transfers immediately before the cutoff, finalize any urgent withdrawals ahead of the maintenance window, and monitor Binance’s official channels for real-time status and post-upgrade confirmations. Short-term volatility and temporary liquidity changes are possible around the maintenance window; the event is routine for chain upgrades and does not by itself indicate systemic risk.

Neutral

Planned exchange suspensions of deposits and withdrawals for an on-chain upgrade are routine and primarily operational. They do not directly change protocol economics or fundamentals, so the longer-term outlook for LUNA is not materially affected by this single maintenance event. Short-term effects: temporary reduction in liquidity for off-exchange transfers and an increased risk of intraday price swings if traders rush to move funds or react to status updates — this can produce volatility and momentary spreads. Binance keeping trading open mitigates liquidity shock on the exchange but does not eliminate withdrawal-driven price pressure off-exchange. Traders should expect a brief window of heightened volatility around the maintenance and manage execution risk (use limit orders, avoid large last-minute transfers). Overall, absent upgrade failure or a prolonged outage, the market impact should be transitory and neutral for LUNA’s medium- to long-term trajectory.