{"id":40002,"date":"2025-08-01T15:32:16","date_gmt":"2025-08-01T15:32:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=40002"},"modified":"2025-08-01T15:32:16","modified_gmt":"2025-08-01T15:32:16","slug":"bonk-sinks-5-as-institutional-liquidation-intensifies","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=40002","title":{"rendered":"BONK Sinks 5% as Institutional Liquidation Intensifies"},"content":{"rendered":"
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BONK, the Solana-native meme cryptocurrency, declined nearly 5% over the last 24 hours, sliding from $0.000028 to $0.0000266<\/a>. <\/p>\n

Price rejection near $0.000029 during the 16:00 hour was supported by elevated transaction volume of 764.44 billion tokens, a signal of aggressive distribution from larger holders, according to CoinDesk’s technical analysis data model.<\/p>\n

Support attempts at $0.000026 were bolstered by spikes in trading activity above 1.17 trillion tokens during the midnight and 08:00 UTC intervals, but these inflows proved insufficient to reverse the broader downward trend. <\/p>\n

The selloff continued during the European. afternoon, with BONK falling 3% intraday from $0.000026 to $0.0000254, led by volume spikes above 59 billion tokens at 13:54 UTC. This breakdown from the $0.000026 floor has now created a descending channel formation, establishing a new bearish structure with price action drifting toward the psychologically significant $0.000025 zone.<\/p>\n

BONK saw a slight recovery during mid-morning in the U.S., lifting to $0.0000275 to repair some of the damage from earlier.<\/p>\n

Sentiment remains fragile across the broader crypto market, with introduction of fresh U.S. tariffs on imports creating a “risk-off” sentiment<\/a>, causing investors to move away from riskier assets like cryptocurrencies. This is a common pattern where global economic uncertainty leads to capital flowing out of more volatile markets.<\/p>\n

Technical Analysis<\/h3>\n