It was previously reported that the 44.26 trillion BONK token vault address has moved the remaining 24 trillion BONK tokens to Coinbase.

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Mars Finance News: On July 20, according to Lookonchain monitoring, a trader who previously legally withdrew 4.426 trillion BONK from the BONK treasury (about $21.2 million) has deposited the remaining 2.4 trillion BONK (about $6.94 million) into Coinbase. It’s understood that the trader had previously withdrawn large amounts of tokens from the BONK treasury via legitimate mechanisms, drawing market attention. It is still unclear what the trader’s specific purpose is for transferring the tokens to Coinbase; the market will watch for whether it could potentially create selling pressure afterward.
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