BONK: Attacker Sends $1.28M to Coinbase Post-Treasury Heist
BONK attacker moves 400 billion tokens worth $1.28M to Coinbase after draining $21.2M from treasury, driving 36% price decline to $0.000003.
SourceAnalysis
BONK attacker transferred another 400 billion tokens valued at $1.28 million to Coinbase today after routing 1.186 trillion BONK worth $4.11 million to Binance yesterday.
The same wallet used governance to extract 4.426 trillion BONK ($21.2 million) from the treasury, with 1.626 trillion already on centralized exchanges; the token has fallen 36 percent from $0.0000047 to $0.000003 over the past eleven days.
Price action on the 4-hour chart shows a bearish structure with price sitting between the EMA50 and EMA200 while the MACD registers a death cross at -0.0; RSI at 20.08 signals deep oversold conditions inside the Bollinger Bands, suggesting any bounce toward upper-band resistance near $0.0 will likely stall before retesting the lower support at $0.0.
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@EmberCNAnalyst about On-chain Analysis