An address siphoned $21.2 million from the Bonk treasury via a governance proposal, and today transferred 1.186 trillion BONK to Binance

According to on-chain analyst Yujin's monitoring, an address transferred 1.186 trillion BONK (worth $4.11 million) to Binance 3 hours ago. Ten days ago, this address spent $4.4 million to acquire enough BONK tokens to meet the governance voting threshold, then initiated and passed a governance proposal, diverting 4.426 trillion BONK (worth $21.2 million) from the Bonk treasury. On the same day, the address transferred 40 billion BONK (worth $190,000) to OKX. Today, it has again transferred 1.186 trillion BONK to Binance, and still holds 3.2 trillion BONK (worth $10.98 million). The price of BONK has dropped by 28% over the past 10 days, falling from $0.0000047 to $0.0000034.