The 'hacker' who drained the Bonk treasury via a governance proposal has deposited the final 1.17 million USD worth of BONK into Coinbase.
2026.07.20 17:09:48
According to monitoring by crypto platform Yu Jian, the "hacker" who drained 4.426 trillion BONK from the Bonk treasury via a governance proposal has completed liquidation. Thirty minutes ago, his final holding of 400 billion BONK (valued at $1.17 million) was deposited into Coinbase. All 4.426 trillion BONK he siphoned from the Bonk treasury 13 days ago have now been transferred to centralized exchanges (CEXs). His recent selling activity has pushed BONK’s price down by 40%. The tokens were worth $21.2 million when he first obtained them; after selling amid the price drop over the past days, his total realized proceeds are approximately $13.58 million.
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