A wallet tracked by on-chain analyst Ember transferred 1.186 trillion BONK to Binance about three hours ago, a move valued at $4.11 million. The same address had spent $4.4 million 10 days earlier to acquire enough BONK to meet the threshold required to pass a governance vote. It then submitted and passed a proposal that moved 4.426 trillion BONK out of the Bonk treasury, worth $21.2 million based on the figures cited in the report. On the same day, the address also sent 40 billion BONK to OKX, valued at $190,000. After the latest Binance transfer, the wallet still holds 3.2 trillion BONK, worth $10.98 million. Over the same 10-day period, BONK fell 28%, dropping from $0.0000047 to $0.0000034.
According to Odaily, on-chain analyst Ember said a wallet transferred 1.186 trillion BONK to Binance about three hours ago, a move valued at $4.11 million.
Ember said the address had spent $4.4 million 10 days earlier to buy enough BONK to meet the threshold required to pass a governance vote. It then submitted and passed a governance proposal, moving 4.426 trillion BONK out of the Bonk treasury, worth $21.2 million based on the figures cited in the report.
On the same day, the address also transferred 40 billion BONK to OKX, valued at $190,000. After sending another 1.186 trillion BONK to Binance today, the wallet still holds 3.2 trillion BONK, worth $10.98 million.
BONK has fallen 28% over the past 10 days, from $0.0000047 to $0.0000034.
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