Attackers linked to the BONK exploit reportedly moved another 400 billion tokens to Coinbase, lifting the total pushed toward centralized exchanges to 1.626 trillion BONK, according to a repo
Attackers linked to the BONK exploit reportedly moved another 400 billion tokens to Coinbase, lifting the total pushed toward centralized exchanges to 1.626 trillion BONK, according to a report shared on Telegram.
A report circulated on Telegram claims the attackers behind the recent BONK incident sent an additional 400 billion BONK to Coinbase. The transfer has not been independently verified, and the figure comes solely from that report rather than a confirmed on-chain trace. For related coverage, see MoonBull Sets the Pace for the Best Meme Coin to Buy in November 2025 as DOGE and BONK Build Momentum.
The movement follows a wider security episode involving BONK. Attackers reportedly spent roughly $4 million to pass a malicious governance proposal that exposed the treasury to a drain, CoinDesk reported. For related coverage, see Why Investing in Crypto in 2025 Could Redefine Your Strategy: What Hedera, Litecoin, BONK, and BlockDAG Reveal.
With the latest deposit included, the report puts the cumulative amount routed to centralized exchanges at 1.626 trillion BONK. The new transfer is framed as an addition to earlier movements rather than a standalone event, indicating an ongoing pattern rather than a single wallet action. For related coverage, see 32,269% ROI in Play: Limited Stage 1 Tokens for APEMARS, With Official Trump and Bonk Surging For Best 100x Meme Coin.
The cumulative figure remains unconfirmed. As with the individual transfer, the running total is attributed to the Telegram report and has not been matched to a public block explorer entry in the available research.
Community accounts have tracked the situation closely since the exploit surfaced, including updates posted by the official BONK account on X and monitoring from Chainalysis.
Large deposits to an exchange like Coinbase tend to draw scrutiny because inflows are often monitored as a possible precursor to sell-side activity. The report centers on repeated, attacker-linked deposits rather than a one-off wallet movement, which is why the pattern is being watched.
No selling has been confirmed. The available evidence describes transfers toward an exchange, not executed sales, and any conclusion about price impact would go beyond what the report supports.
BONK has remained a fixture in meme-coin coverage, appearing alongside peers in roundups of the best meme coins to buy in 2025 and in market recaps noting how Dogecoin, Shiba Inu, Pepe and Bonk led a broad rally. It has also featured in longer-term outlooks weighing Hedera, Litecoin, BONK and BlockDAG.
For now, the takeaway is heightened monitoring. Traders and analysts are likely to keep watching Coinbase-bound flows for confirmation before drawing conclusions, given that the core figures rest on a single unverified report.
Additional source references: source document 1.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
Read original article on marketbit.net
