Clearance completed: an address has transferred all 4.426 trillion BONK to a CEX

Odaily Planet Daily News According to on-chain analyst Yu Jin'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 final 400 billion BONK entered Coinbase. Thus, the 4.426 trillion BONK withdrawn from the Bonk treasury 13 days ago have all been transferred to a CEX. Its selling over the past few days has caused the price of BONK to drop by 40%. These BONK were worth $21.2 million when first obtained, and after selling amid the decline, the final cash-out amount was approximately $13.58 million.