BONK Attack Wallet Transfers Over 1,186 Trillion Tokens to CEX
A wallet that attacked the BONK fund governance has just transferred 1,186 trillion BONK to a CEX on July 17. Previously, the wallet spent $4.4 million buying BONK to pass a proposal withdrawing 4,426 trillion tokens.
The fund now holds about 3.2 trillion BONK, with the token price down 28% after the incident.
As a trader, you need to closely monitor subsequent withdrawal transactions and short-term price volatility to adjust leverage promptly.
Quick action based on on-chain data will better protect your positions.
Please do your own research carefully before making any transactions (DYOR). $BONK $WCT $BNB