Clearance completed: an address has transferred all 4.426 trillion BONK to a CEX
2026-07-20 08:57
Odaily Planet Daily News: According to on-chain analyst Ember's monitoring, the address that withdrew 4.426 trillion BONK from the Bonk treasury via a governance proposal has completed its clearance. 30 minutes ago, its remaining 400 billion BONK entered Coinbase. At this point, all 4.426 trillion BONK withdrawn from the Bonk treasury 13 days ago have been fully transferred to a CEX. Its selling over the past few days has caused the price of BONK to drop by 40%. When it first obtained these BONK, they were worth $21.2 million; after selling during the decline over these days, the final cash-out amount is approximately $13.58 million.
