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BONK governance attacker transfers another 400 billion BONK to Coinbase, cumulative CEX inflow reaches 1.626 trillion tokens

2026-07-18 00:22

According to monitoring by Yu Jin, the address that previously transferred $21.2 million worth of BONK from the Bonk treasury via a governance proposal, after moving 1.186 trillion BONK (approximately $4.11 million) to Binance yesterday, has today transferred another 400 billion BONK (worth about $1.28 million) to Coinbase.

Data shows that of the 4.426 trillion BONK transferred from the Bonk treasury through the governance proposal, 1.626 trillion BONK (approximately $5.58 million) has been moved to centralized exchanges. Additionally, in the 11 days since the address began transferring assets from the Bonk treasury, the price of BONK has dropped approximately 36%, from $0.0000047 to $0.000003.