---
title: "BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears"
url: https://thecoingazette.com/bonk-price-drops-40-since-treasury-drain-as-fresh-token-sales-raise-more-selling-fears/
date: 2026-07-18
modified: 2026-07-18
lang: en
author: "Coin Gazette Editorial"
description: "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..."
categories:
  - "Altcoins"
  - "Crypto News"
tags:
  - "Altcoins"
  - "Crypto News"
  - "Price Analysis"
image: https://thecoingazette.com/wp-content/uploads/2026/07/bonk-price-drops-40-since-treasury-drain-as-fresh-token-sales-raise-more-selling-fears.webp
word_count: 79
---

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

![Golden Bonk tokens with warning symbols dropping past a red chart.](https://image.coinpedia.org/wp-content/uploads/2026/07/07164144/bonk-price-crashes-over-9-following-a-20m-treasury-exploit-is-more-downside-ahead-1024x536.webp)The post [BONK Price Drops 40% Since Treasury Drain as Fresh Token Sales Raise More Selling Fears](https://coinpedia.org/price-analysis/bonk-price-drops-40-since-treasury-drain-as-fresh-token-sales-raise-more-selling-fears/) appeared first on [Coinpedia Fintech News](https://coinpedia.org)

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, …