The addresses that drained Bonk’s treasury through a governance proposal have fully exited by selling out, cashing out approximately $13.58 million.

PANews July 20日消息, according to on-chain analyst Yu Jin’s monitoring, through a governance proposal that drained Bonk’s treasury, the 4.426 trillion BONK held by the address have been fully liquidated: 30 minutes ago, the final 400 billion BONK ($44.26k) also entered Coinbase. By then, all 4.426 trillion BONK pulled from the Bonk treasury 13 days ago had been transferred to CEX. In view of the recent days’ sell-offs, the BONK price has fallen by 40%. When the address first received these BONK, they were worth $21.2 million; over these days, as the price dropped and it sold off, the final cash-out amount was around $13.58 million.