The renowned trader, going by “Bonk Guy,” has become the center of attention due to the extreme portfolio losses. In this respect, the portfolio of Bonk Guy ha The renowned trader, going by “Bonk Guy,” has become the center of attention due to the extreme portfolio losses. In this respect, the portfolio of Bonk Guy ha

Bonk Guy Still Possesses Holdings Despite Staggering $20M Drawdown

2026/03/04 21:00
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com
trading-chart2-655e565ea09a2 main

The renowned trader, going by “Bonk Guy,” has become the center of attention due to the extreme portfolio losses. In this respect, the portfolio of Bonk Guy has reportedly plunged by $20M from the all-time high level thereof.

As per the data from Arkham Intelligence, irrespective of this massive plunge, the trader is still positive and continues to keep the crypto holdings amid the increased market volatility. So, amid such a sharp decline has triggered a wider debate among the crypto community members over this unwavering strategy.

Bonk Guy Portfolio Incurs $20M Loss but Strategy Remains Balanced

Bonk Guy’s stunning $20M dip has remained ineffective in shifting the trading strategy. As a result, irrespective of this dip from the portfolio’s all-time high, Bonk Guy now has at $1,609,573.15. However, this downturn is totally opposite to the peaks that Bonk Guy’s portfolio witnessed back at 2024’s end.

The dashboard data reveals that the current funding of Bonk Guy takes into account the $USELESS token as the cornerstone. So, the portfolio includes 27.271M $USELESS, with a value of up to $1.19M. Moreover, the trader also holds up to 36.707 $DOGE tokens, equaling $84,180, accounting for $84.180.

Market Uncertainty Tests Trading Confidence of Bonk Guy

As per the details shared by Arkham Intelligence, the portfolio holdings of Bonk Guy also contain 66.119B $CAT tokens, denoting a value of up to $114.39K. Additionally, 20.001M $MEMECOIN tokens equal $71.91K. At the same time, $ARCHAI and $BONGO claim smaller positionsin the portfolio of Bonk Guy.

Keeping this in view, despite the getting a $20M hit since 2024’s peak levels, Bonk Guy continues to show a strong confidence without changing the strategy. While the market is moving toward a new period, the community keeps asking questions regarding a potential recovery. However, whether Bonk Guy will surge back to the $20M heights remains to be seen.

Market Opportunity
Bonk Logo
Bonk Price(BONK)
$0.000005927
$0.000005927$0.000005927
+6.00%
USD
Bonk (BONK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
BitcoinEthereumNews2025/09/18 01:55
Why have Live Casino Games become so popular?

Why have Live Casino Games become so popular?

Online casinos have gone through massive changes in the past decade, but few innovations have had as much impact as live dealer games. What started as a niche experiment
Share
Fintechzoom2026/03/09 19:58
Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future

TLDR Wormhole reinvents W Tokenomics with Reserve, yield, and unlock upgrades. W Tokenomics: 4% yield, bi-weekly unlocks, and a sustainable Reserve Wormhole shifts to long-term value with treasury, yield, and smoother unlocks. Stakers earn 4% base yield as Wormhole optimizes unlocks for stability. Wormhole’s new Tokenomics align growth, yield, and stability for W holders. Wormhole [...] The post Wormhole Unleashes W 2.0 Tokenomics for a Connected Blockchain Future appeared first on CoinCentral.
Share
Coincentral2025/09/18 02:07