BONK Exploiter Moves $2.73M to Binance on July 16

According to CryptoS6 on X, the attacker behind BONK's $20 million exploit on July 6 transferred $2.73 million worth of tokens to a Binance deposit address on July 16. Two transactions totaling approximately 400 billion BONK were sent to the exchange, suggesting the hacker may be attempting to sell the stolen funds.

BONK faced renewed selling pressure following the exploit, declining 6.72% in 24 hours with trading volume surging 120% and open interest rising 30%, indicating heightened liquidation activity among traders.