[CASHCAT Drops 30% After Listing on Robinhood: A Trader Faces $412,000 Unrealized Loss but Hasn't Sold] BlockBeats reports that on August 19, according to Arkham monitoring, trader 0x4B1 purchased approximately 0.85% of the total supply of CASHCAT tokens for around $1.29 million when it was listed on Robinhood, with an average purchase corresponding to a market cap of approximately $150 million. After CASHCAT's listing on Robinhood, its price dropped by about 30%, leaving the trader with an unrealized loss of approximately $412,000. However, on-chain data shows that the trader has not sold any tokens to date. [Original Link]