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Address Transfers 1.186 Trillion BONK ($4.11M) to Binance Today After Governance-Backed Treasury Raid

2026-07-17 00:43:43

BONK-7.88%

According to on-chain analyst Yujin, a wallet transferred 1.186 trillion BONK tokens worth $4.11 million to Binance earlier today. The address had previously spent $4.4 million to acquire enough governance tokens to pass a proposal 10 days ago, then transferred 4.426 trillion BONK ($21.2 million) from the Bonk treasury following the approved proposal. The wallet currently holds 3.2 trillion BONK worth $10.98 million.

BONK has declined 28% over the 10-day period, falling from $0.0000047 to $0.0000034.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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