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BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears

WeMaple AI by WeMaple AI
July 18, 2026
in Crypto
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BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears
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Golden Bonk tokens with warning symbols dropping past a red chart.

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Strategy prioritizes $950 million STRC buyback over expanding its Bitcoin treasury

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Ethereum, Polkadot, or Pepeto: Best Crypto to Buy Now as Bitmine Adds $69M of ETH and Pepeto’s Stage Nears Full?

The post BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears appeared first on Coinpedia Fintech News

The BONK price is struggling to find solid footing, and the latest on-chain activity isn’t doing holders any favors. According to Lookonchain, the trader who legally drained 4.426 trillion BONK tokens worth $21.2 million from the BONK treasury has now sold another 800 billion BONK, valued at roughly $2.48 million. Since the July 6 incident, …

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Related News

Bitcoin Must Break $97K To Restore Confidence Among Youngest  Long-Term Holders – Details

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