$CASHCAT Whales to $0.108 Next?
Cash Cat ($CASHCAT) surged by 22.36% in 24 hours, fueled by a whale's $1 million purchase of 16.02 million tokens through Uniswap.
The transaction highlighted deliberate accumulation rather than fragmented buying and arrived after the token had already advanced, making it a confirmation of the prevailing trend instead of the catalyst behind the rally.
Derivatives traders increased their exposure as the rally progressed, with Open Interest rising 31.35% to $16.20 million.
The increase in Open Interest aligned with the price appreciation and indicated that traders continued opening new positions while $CASHCAT extended higher.