A smart money bought 413 million 1CAT coins at the opening, leaving a floating profit of US$210,000 on the remaining 86.4 million coins.
According to the on-chain analyst @ai_9684xtpa, as reported by Jinse Finance, 1CAT had a 10-fold increase in price at the opening. A smart investor, using the trading pair 1CAT/ETH, bought in at the opening and has already made a profit of $200,000. Using Banana Gun, the investor spent 603.13 ETH to buy 413 million 1CAT tokens (worth $1.33 million) at an average cost of $0.003216 per token. Within 40 minutes, the investor sold a total of 317 million tokens, receiving 597.35 ETH and still holding 86.4 million tokens with a profit of $210,000.
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