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A trader has earned more than $1 million in profits on CASHCAT, achieving a staggering return of up to 1183 times.

1 hours ago

According to Lookonchain monitoring, a trader has reaped over $1 million in profits from CASHCAT. The trader spent 0.49 ETH (valued at $838) to purchase 15.04 million CASHCAT tokens, then sold them for 580 ETH (worth $1.04 million), generating a profit of over $1 million (a 1183x return). Had the trader held the tokens until now, the profit would have reached $2.9 million.

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Prior to CASHCAT, Hyperliquid had not launched any new crypto contracts for nearly three months.

Hyperliquid today launched contract trading for CASHCAT, the meme token that has gone viral this week on Robinhood Chain. Notably, prior to this, Hyperliquid had not listed any new crypto tokens for nearly three months (excluding TON’s rebranding to GRAM). Its most recent contract listing dates back to CHIP on April 22. So far this year, amid the deep bear market, Hyperliquid has significantly slowed its pace of launching native crypto token contracts.

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A whale shorted 1.11 million CASHCAT tokens on Hyperliquid.

According to monitoring by Onchain Lens, a whale deposited approximately $450,000 into Hyperliquid. Within one hour of CASHCAT’s listing on Hyperliquid, the whale shorted 1.11 million CASHCAT tokens with 3x leverage, valued at $222,200. The entry price was $0.195336, liquidation price $0.531304, resulting in an unrealized loss of $4,400.

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CASHCAT's market capitalization briefly surpassed $200 million, surging over 22% intraday.

Per GMGN market data, CASHCAT, a meme coin on Robinhood Chain, briefly hit an all-time high in market capitalization, currently trading at $200 million with an intraday increase of over 20%. Meme coins are highly volatile, so investors should exercise caution regarding associated risks.

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The White House confirms Trump has 'emptied' the U.S. Election Assistance Commission.

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1 seconds ago

Hyperliquid launches CASHCAT futures trading, supporting up to 3x leverage.

Hyperliquid announces the launch of contract trading for the meme coin CASHCAT on Robinhood Chain, with support for up to 3x leverage.

1 seconds ago

A crypto whale shorted Ethereum (ETH) with 25x leverage, holding a position worth $12.43 million.

According to Onchain Lens monitoring, a whale deposited approximately $500,000 into Hyperliquid to open a short position of 6,914 ETH (valued at $12.43 million) with 25x leverage. The entry price was $1,790.36, liquidation price stands at $1,825.58. The position currently has an unrealized loss of around $50,700, with only a 1.55% gap to liquidation.

1 seconds ago

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