finance
Wallet Deposits Final 400 Billion BONK Tokens to Coinbase After Selling 4.426 Trillion Tokens
An unidentified wallet transferred its remaining 400 billion BONK tokens to Coinbase. The move completed the deposit of 4.426 trillion tokens previously withdrawn from the Bonk treasury, @EmberCN reported.
Jul 20, 4:56 AM·1m read1 source
EM
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An unidentified wallet sent its final 400 billion BONK tokens, valued at $1.17 million, to Coinbase 30 minutes before the report, completing the deposit of 4.426 trillion tokens withdrawn from the Bonk treasury 13 days earlier. All 4.426 trillion tokens have now been deposited into centralized exchanges.
The tokens were worth $21.2 million when the wallet first received them. Sales of the tokens coincided with a 40 percent decline in the BONK price. The wallet realized approximately $13.58 million from the transactions.
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