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Coinpress > Blog > Cryptocurrency > CASHCAT Trader Turns $838 Into $1M As Meme Coin Rally Extends
Cryptocurrency

CASHCAT Trader Turns $838 Into $1M As Meme Coin Rally Extends

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Last updated: July 11, 2026 5:25 am
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1 month ago
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A CASHCAT trader turned a 0.49 ETH entry into more than $1 million after selling into the Robinhood Chain meme coin’s latest rally.

The wallet spent 0.49 ETH, worth about $838 at the time of the buy, to acquire 15.04 million CASHCAT. It later sold the full position for 580 ETH, worth about $1.04 million, locking in a gain of more than $1 million.

The realized return came out to about 1,183x. The same position would have been worth about $2.9 million at the later market price used in the wallet-tracker post.

The sale gives CASHCAT one of its clearest realized exits after several days of paper-gain screenshots, thin early liquidity and fast wallet-tracking attention. The wallet moved from entry to full exit, with proceeds converted back into ETH rather than left in an unsold token balance.

Robinhood Chain Meme Trade Expands

CASHCAT has become one of the most visible early tokens on Robinhood Chain after traders moved into ecosystem assets following the network’s launch.

The new exit follows another early CASHCAT trade where a wallet turned an $86 entry into about $1.6 million after buying 17.5 million tokens before the meme coin reached wider market-tracker coverage. That wallet had sold only part of its position, leaving a large balance exposed to later price moves.

CASHCAT’s market structure has also moved beyond spot trading. Hyperliquid recently listed CASHCAT perpetual futures with up to 3x leverage after community requests, while the token also expanded to Solana through Sunrise.

That combination gives traders more routes into the same asset: Robinhood Chain spot liquidity, Solana access and leveraged perps on Hyperliquid. It also raises the speed of liquidation risk when meme-coin momentum moves into derivatives.

Liquidity Stays Thin For Large Exits

CASHCAT traded near $0.189 on DEX Screener, with about $9.8 million in liquidity and a market value near $187.8 million. The pair had about $31.8 million in 24-hour volume, with roughly $16.3 million in buy volume and $15.5 million in sell volume.

That liquidity profile leaves CASHCAT exposed to sharp repricing when large holders sell, even when headline volume looks strong. The token’s Uniswap pair held about 31.95 million CASHCAT and 2,128 WETH during the latest DEX Screener check.

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