🚨 $BONK is showing a highly noteworthy on-chain development.
A total of 4.386T $BONK (approximately $15.26M) has just been transferred from the Bonk 2.0 Treasury to another wallet.
According to on-chain records, these tokens are linked to the $BONK involved in the previous governance attack.
While the final destination and purpose of the transfer remain unconfirmed, the movement could be part of a liquidation or redistribution process.
If these tokens eventually make their way onto exchanges, they could introduce additional selling pressure and negatively impact $BONK’s short-term price action.
⚠️ This post is intended solely to share on-chain observations about the project and should not be interpreted as financial advice or a recommendation to buy or sell the token.
A total of 4.386T $BONK (approximately $15.26M) has just been transferred from the Bonk 2.0 Treasury to another wallet.
According to on-chain records, these tokens are linked to the $BONK involved in the previous governance attack.
While the final destination and purpose of the transfer remain unconfirmed, the movement could be part of a liquidation or redistribution process.
If these tokens eventually make their way onto exchanges, they could introduce additional selling pressure and negatively impact $BONK’s short-term price action.
⚠️ This post is intended solely to share on-chain observations about the project and should not be interpreted as financial advice or a recommendation to buy or sell the token.