The BONK Treasury Attacker Transfers Another 400 Billion BONK to Coinbase, Equivalent to $1.11 Million

BlockBeats News, July 19, According to on-chain analyst Cinder, the BONK Treasury attacker transferred another 400 billion BONK to Coinbase approximately 5 hours ago, worth about $1.11 million.

The address had previously received 4.426 quadrillion BONK from the BONK Treasury through a governance proposal, worth around $21.2 million, with 2.426 quadrillion BONK already transferred to a CEX, worth about $7.88 million. In the 12 days since the relevant tokens were moved from the treasury, the BONK price has dropped from $0.0000047 to $0.0000027, a cumulative decrease of about 41%.