An address that drained 4.426 trillion BONK from the Bonk treasury via a governance proposal has fully liquidated its holdings, according to on-chain analyst Yujin. The final transaction, involving 400 billion BONK valued at $1.17 million, was sent to Coinbase 30 minutes ago. Over the past 13 days, the entire amount has been transferred to centralized exchanges (CEXs). Initially valued at $21.2 million, the BONK holdings were sold gradually, resulting in a total realized amount of approximately $13.58 million. This liquidation has contributed to a 40% decline in BONK's price during the selling period.