A newly created address spent about $791,000 on 13.14 million CASHCAT tokens, and the position was later valued at roughly $905,000, according to Lookonchain monitoring cited by PANews on Aug. 4.
A newly created wallet address spent 424 ETH, worth about $791,000, to buy 13.14 million CASHCAT tokens, according to Lookonchain monitoring cited by PANews on Aug. 4. At current prices, the holding was valued at roughly $905,000, leaving the wallet with an unrealized profit of about $115,000. The move shows how newly funded on-chain wallets can quickly build concentrated positions in smaller tokens and see rapid mark-to-market swings as prices change.