Wallet Posts More Than $4.7 Million in Profit From CASHCAT and PONS Trades

  • Address 0x7e3ba sold CASHCAT for $672,600 after spending $106,500.
  • The wallet holds 9.1 million PONS worth roughly $4.2 million.
  • An earlier record listed a 790 ETH purchase of 5.24 million PONS.

Address 0x7e3ba spent $106,500 on 11.8 million CASHCAT tokens and sold them for $672,600, realizing a profit of about $566,000. The wallet also bought 10.2 million PONS for $113,700, sold 1.1 million for $117,100 and continues to hold 9.1 million worth roughly $4.2 million. The two trades put reported profit above $4.7 million, with most of it unrealized. CASHCAT previously reached a $150 million market valuation with only $6.6 million of liquidity, highlighting the risks of thinly traded memecoins. Both tokens are linked to Robinhood Chain, an Ethereum layer-2 network built on Arbitrum’s technology. PONS is the platform token of Pons, whose fee revenue is used to repurchase and burn PONS. An earlier topic record attributed a different PONS transaction to a newly created wallet, involving 790 ETH and 5.24 million tokens valued at $1.9 million, so the wallet-level details remain discrepant.

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