finance
Trader Turns $86 Into $1.6 Million Profit on CASHCAT Token
A cryptocurrency trader identified as 0xeee2 bought 17.5 million CASHCAT tokens for $86. Partial sales and remaining holdings produced a total profit of $1.6 million.
Jul 8, 5:49 AM·1m read2 sources
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benzinga.comAudio version
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A cryptocurrency trader identified as 0xeee2 bought 17.5 million CASHCAT tokens for $86. The trader later sold 3.6 million of the tokens for $390,500. The wallet address 0xeee29d1a6fa5873065ad8789c6e15231b48318a0 still holds 13.8 million tokens valued at $1.24 million.
On-chain records show the trades produced a total profit of $1.6 million, equal to a 19,061 times return on the initial outlay. A second address, 0x32c34a18cc5fd58c0ece1e472e9bf95de8906a8a, is also linked to the activity.
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CorroborationModerate · 2 sources
