On July 19, on-chain analyst Yu Jin reported that the BONK treasury attacker transferred 40 billion BONK to Coinbase 5 hours ago, valued at approximately $1.11 million. This address previously obtained 4.426 trillion BONK from the BONK treasury through a governance proposal, worth about $21.2 million, of which 2.426 trillion BONK has already been transferred to CEX, valued at around $7.88 million. In the 12 days since the related tokens were transferred from the treasury, the price of BONK has dropped from $0.0000047 to $0.0000027, a cumulative decline of approximately 41%.
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BONK Treasury Attacker Transfers 40 Billion BONK to Coinbase, Worth Approximately $1.11 Million
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