According to Wu's report and Arkham monitoring, GSR Market transferred 229.941b BONK (approximately 11.84 million USD) to a transit address: 4ZfDZP...aSVKVQ between 19:39-19:43 UTC+8 today. Subsequently, this transit address transferred 100b BONK to Bybit Deposit, valued at approximately 5.15 million USD. This is the second transfer of BONK worth over 5 million USD to a CEX within the past week, identified by Arkham from GSR Markets since they started holding BONK at the end of September, possibly related to market-making activities. Currently, the transit address: 4ZfDZP...aSVKVQ still holds 156.781b BONK, valued at approximately 7.96 million USD.
