BONK Treasury Attacker Moves 400B Tokens to Coinbase, Price Drops 41%
2026-07-19 09:07

Woofun AI reports that the entity identified as the BONK Treasury attacker moved an additional 400 billion BONK tokens to Coinbase approximately five hours ago, valued at roughly $1.11 million. This address previously acquired 4.426 quadrillion BONK from the treasury via a governance proposal, worth approximately $21.2 million, and had already transferred 2.426 quadrillion tokens to centralized exchanges, totaling about $7.88 million. Since these assets were initially moved from the treasury over the past 12 days, the market price of BONK has declined from $0.0000047 to $0.0000027, representing a cumulative drop of approximately 41%.

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Tags:
BONK
Cinder
Coinbase
CEX
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