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BONK The trader who legally withdrew 4.426 trillion BONK tokens through the governance process continues to sell
According to on-chain data shared by the X platform, the trader sold another 800 billion BONK tokens today. The transaction is worth approximately US$2.48 million.
During the July 6 incident, the trader obtained control of a total of 4.426 trillion BONK tokens, valued at approximately US$21.2 million, from BONK vaults. Since then, BONK prices have fallen by about 40%.
According to shared data, the trader still holds 2.4 trillion BONK tokens in his wallet, worth approximately US$6.94 million at current prices.
BONK was once one of the largest Meme coins in the Solana ecosystem, but is currently going through difficult times due to the ebbing of Meme coin craze and recent cyber attacks. The token continued its decline today, falling 14%. Its market value once exceeded US$4 billion, but as of this writing, its market value has dropped to US$243 million.
* The above content does not constitute investment advice.
