That's a throwback. I looked it up and apparently UNC's Sunsite turned into http://www.ibiblio.org/about/
There are a couple of other Sunsites still up. This one looks like it has not been updated since 1997: http://sunsite.ubc.ca/
For example, if a commit is amended and force pushed out to remove a backdoor from a popular package, a site interested in the history of the library will want to ensure that the faulty commit stays around.
I'm not even sure that is 100% possible, but it, at least, will take some careful git configuration.
As for a site which cares about archiving, they can almost certainly add a tag for every commit they slurp up (making sure it doesn't get hit by the git gc). Though, I'm fairly sure that you can just configure your git instance to never garbage collect.
Is this a real problem or a theoretical problem?