According to the monitoring of on-chain analyst Yu Jin, half an hour after the Bonk project tweeted that it had repurchased and destroyed 500 billion BONK (18.47 million USD) last night, 510 billion BONK (18.75 million USD) were transferred from Galaxy Digital to Binance and Coinbase. He said this may have caused BONK to fall by 10%: from $0.0000365 to $0.0000325 USD.