Data: A certain address transferred 21.2 million USD worth of Bonk treasury assets through a governance proposal and today transferred 1.186 trillion BONK to Binance

According to on-chain analyst Yu Jin's monitoring, a certain address transferred 1.186 trillion BONK to Binance 3 hours ago, worth 4.11 million USD. This address spent 4.4 million USD to buy BONK tokens that reached the governance voting threshold 10 days ago, then initiated and passed a governance proposal to transfer 4.426 trillion BONK from the Bonk treasury, worth 21.2 million USD.

On the same day, the address transferred 40 billion BONK to OKX, worth 190,000 USD, and today transferred another 1.186 trillion BONK to Binance, currently still holding 3.2 trillion BONK, worth 10.98 million USD. The price of BONK has dropped 28% in 10 days, from 0.0000047 USD to 0.0000034 USD.