A trader has fully exited a CASHCAT position for $2.855 million after committing about $3,000 during the Robinhood Chain meme coin’s early trading period. The wallet spent 1.6 ETH to acquire
A trader has fully exited a CASHCAT position for $2.855 million after committing about $3,000 during the Robinhood Chain meme coin’s early trading period.
The wallet spent 1.6 ETH to acquire 16.3 million CASHCAT, then sold the entire position for 1,527 ETH. The completed exit left roughly $2.85 million in realized profit and returned about 952 times the trader’s original capital.
The figures put the wallet’s average entry near $0.000184 per token and its average exit near $0.175. The position was no longer exposed to CASHCAT after the final sale, separating the realized gain from the paper profits still held by several other early buyers.
The sale adds another seven-figure result to CASHCAT’s first major speculative cycle. One wallet previously turned an $838 entry into more than $1 million after buying 15.04 million tokens before the rally accelerated.
Another early buyer built a position worth about $1.6 million from an $86 purchase. That wallet sold 3.6 million tokens for roughly $390,500 while retaining 13.8 million CASHCAT at the time of the tracking update.
The latest $2.85 million exit was larger in realized dollar terms and involved a complete disposal of the position. Selling 16.3 million tokens also required enough market liquidity to convert the holding into more than 1,500 ETH without leaving a residual balance.
CASHCAT’s expansion beyond its initial spot pools has widened the routes available for speculative trading. Hyperliquid listed CASHCAT perpetual futures with isolated margin and leverage of up to 3x as the token also became available through Solana infrastructure.
CASHCAT traded near $0.1475 during the latest market check, about 16% below the wallet’s estimated average exit price. The token was down 11.2% over 24 hours, with approximately $64.5 million in trading volume and a market capitalization near $147.4 million.
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