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Ansem-linked wallet buys CASHCAT as ANSEM token later drops nearly 30%

Ansem-linked wallet buys CASHCAT as ANSEM token later drops nearly 30%

A wallet labeled “Ansem-2” bought 2.79 million CASHCAT for $233,000, while on-chain analysts tied it to a Solana address associated with ANSEM profits and an unconfirmed link to trader Ansem.

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Fact Check
The primary on-chain source (Lookonchain tweet) directly confirms the 'Ansem-2' wallet spending $233K to buy 2.79M CASHCAT and its linkage to a Solana wallet holding ANSEM with substantial profit. BlockBeats confirms ANSEM's market value fell to $278M with a near-30% single-day drop, that Ansem reposted Robinhood chain content, and that he left unanswered whether he bought CASHCAT — matching the claim's 'unanswered questions about the purchase.' Odaily reproduces identical figures. The only nuance is that the wallet attribution to Ansem is 'suspected/labeled' rather than confirmed by Ansem himself, which the claim reflects via 'Ansem-linked.' All numeric and narrative elements align across independent reporting.
Summary

A wallet labeled “Ansem-2” spent $233,000 to buy 2.79 million CASHCAT in under three hours, with blockchain analytics firm Lookonchain flagging the activity on July 8. On-chain analysis tied the EVM wallet, beginning with 0x6f5b, to Solana address CLM6E4zpTviEC77nWKogpVLQoXx9tgoQCYJ8NibxKg1Q through shared transaction patterns. That Solana address holds 10.5 million ANSEM tokens worth about $3.2 million at current prices and has generated roughly $2.6 million in past ANSEM profits, though Ansem has not confirmed any link to the purchase. The trade stood out because CASHCAT was already actively trading rather than just launching. Its 24-hour volume topped $73 million, the token ranked 283rd by market capitalization, and its circulating supply was nearly 1 billion coins. Analysts tracking meme-coin flows viewed the purchase as a meaningful slice of daily activity, especially as Solana’s meme-coin sector remained active through July. Attention on the wallet also overlaps with volatility in The Black Bull (ANSEM), which earlier surged after Ansem pledged weekly creator fee airdrops to holders. The token later fell 28% in a day but remained up more than 130% over the past week. Traders often watch wallets linked by on-chain data to Ansem for early signals, but attribution in this case remains speculative because neither address carries an official label and no public statement has confirmed ownership.

Terms & Concepts
  • on-chain: Activity and data recorded directly on a blockchain that traders use to track wallets and transactions.
  • meme-coin: A token whose trading activity is often driven by online attention, community momentum and speculation.
  • airdrops: Token distributions sent to holders or users, often used to reward participation or attract attention.