BONK: Attacker Steals $21.2M via Governance Vote

BONK treasury drained of 4.426T tokens worth $21.2M after an attacker bought 882.285B BONK for $4.4M on Bybit and Binance to exceed the 879.95B quorum and approve his own June 30 proposal.

Price action on the 4h chart shows a bearish trend with price testing lower Bollinger support at $0.0 while EMA50 and EMA200 both sit at $0.0 as resistance; MACD death cross at -0.0 and RSI at 40.18 confirm momentum remains weak, suggesting any relief rally will likely stall before challenging the upper band at $0.0.