In recent days, a major crypto whale has made a significant purchase of POPCAT tokens, spending $4.13 million on this transaction.
Deal Details
According to data provided by cryptocurrency analytics firm Lookonchain, a major crypto whale spent $4.13 million USDC to purchase a total of 6.11 million POPCAT tokens. The average purchase price was $0.68.
Rise in POPCAT Token Price
Since the purchase, the price of POPCAT tokens has seen a significant increase. At the time of writing, the token is trading at $0.74. As a result, the whale wallet has made a profit of approximately 8%, or $330,000, from its last purchase.
Information about POPCAT Token
POPCAT, a Solana-based altcoin, was launched before the memecoin craze around Solana began. However, the token is not listed on the spot market on any major centralized cryptocurrency exchange other than Bybit. The altcoin’s price is trading 25% lower than its all-time high at the time of writing.
The major purchase by the crypto whale has had a positive impact on the POPCAT token price, pushing it to $0.74. Despite the significant increase, the current price is still 25% lower than its all-time high.
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