CashCat Initial Wallet Sells $577,400 in 147 Transactions
A wallet that initially purchased CashCat (CASHCAT) has reportedly sold $577,400 (approximately 800 million KRW) in installments over 147 transactions on the Robinhood Chain. According to BlockBeats, a trader address starting with 0x7e3ba achieved trading success with CashCat and PONS amid the meme coin trading frenzy on the Robinhood Chain. This address entered the market 53 days ago when CashCat's market cap was $4.41 million (approximately 610 million KRW) and invested $56,400 (approximately 78 million KRW) over 11 transactions. Afterward, CashCat's market cap dropped to around $5,500 (approximately 7.61 million KRW), leading to a temporary halt in trading. Two days ago, after CashCat's market cap exceeded $200 million (approximately 2.766 billion KRW), the address increased its selling activity, and it has since reduced its token holdings by $577,400 over 147 transactions. This case reflects the trading history of a single wallet and aligns with the trend of meme coin trading gaining market attention on the Robinhood Chain. CashCat is a meme coin traded on the Robinhood Chain that initially attracted market interest. The tracking of this wallet does not indicate the price direction of a specific token, but it confirms that the initial entry wallet has conducted installment sales of CashCat.
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