On July 20, a trader who previously withdrew 4.426 trillion BONK from the BONK treasury through a legitimate mechanism deposited the remaining 2.4 trillion BONK into a CEX, according to on-chain monitoring.
According to BlockBeats On-chain Detection, the trader’s earlier large token withdrawal drew market attention, but the purpose of the latest transfer to the CEX remains unclear.
Market participants are watching to see whether the move could create potential selling pressure in the future.
Trader Deposits Remaining 2.4 Trillion BONK to CEX After Withdrawing Tokens From BONK Treasury
2026-07-20 12:23:45
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