On-chain data shows two addresses collectively deployed over $1.79 million into the CASHCAT meme coin. One address acquired 13.14 million CASHCAT tokens for approximately 424 ETH, valued at $791,000. A second address spent roughly $1 million to purchase 16 million CASHCAT tokens.
Those inflows coincided with a widely circulated return realized by trader 0xDE4C, who initially spent $838 to acquire 15.04 million CASHCAT tokens approximately 20 days prior, according to on-chain transaction records.
The address later sold 13.5 million CASHCAT for $917,600, generating a 1,250-fold return. Trader 0xDE4C retains 1.5 million CASHCAT tokens, currently valued at $133,700. The same trader had previously sold 20 million CASHCAT early, missing further gains, and had passed on positions in ANSEM, CZ and TCC before entering CASHCAT.
CASHCAT has appreciated sharply during this period, surging 35 percent in a recent rebound and posting a roughly 1,400 percent gain over the past month, according to available price data.
The concentrated whale purchases can quickly absorb available token supply, pushing prices higher and drawing attention from traders monitoring on-chain flows. Continued selling from large holders would introduce downward pressure on the token's price.
The broader crypto market is registering cautious sentiment, with the Crypto Fear & Greed Index at 25, indicating extreme fear.
