CASHCAT drops about 30% after Robinhood listing, trader 0x4B1 holds with unrealized loss of $412,000

Odaily News A trader (0x4B1) purchased approximately 0.85% of the total token supply for around $1.29 million when CASHCAT was listed on Robinhood, with the average purchase price corresponding to a market cap of approximately $150 million. After CASHCAT was listed on Robinhood, the price dropped by about 30%. The trader is currently facing an unrealized loss of approximately $412,000, but on-chain data shows that they have not sold any tokens to date.