Lookonchain said a trader is now sitting on an unrealized loss of $460,000 as CASHCAT keeps falling. The position is down 61%, based on the latest valuation cited in the update. Earlier, the trader spent 405 ETH to buy 5.04 million CASHCAT, with the purchase worth $750,000 at the time. That holding is now valued at just $290,000. The figures point to a sharp drawdown in the token’s market value since the entry.
According to Lookonchain, a trader is now facing an unrealized loss of $460,000 as CASHCAT continues to decline, with the position down 61%.
The trader previously spent 405 ETH to buy 5.04 million CASHCAT. The purchase was worth $750,000 at the time, and the holding is now valued at $290,000.
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