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BlockBeats News, July 20th, according to Cinder Finance's monitoring, the "hacker" who drained the Bonk treasury through a governance proposal has completed the liquidation of 4.426 trillion BONK tokens. Just 30 minutes ago, the remaining 400 billion BONK tokens (worth $1.17 million) were also deposited into Coinbase.
With this transaction, the 4.426 trillion BONK tokens he withdrew from the Bonk treasury 13 days ago have now all been transferred to a centralized exchange (CEX). Due to his selling activities in recent days, the price of BONK has dropped by 40%. When he first obtained these BONK tokens, they were worth $21.2 million. However, after the recent price decline and his selling activities, he has ultimately cashed out an amount around $13.58 million.
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