On-chain analytics platform Lookonchain highlighted traders booking significant profits with Solana (CRYPTO: SOL) meme coin Popcat (CRYPTO: POPCAT), which could go higher still, according to analysts.
What Happened: One trader executed eight trades since Aug. 20, all of which have been profitable, resulting in a total profit of over $1 million.
Another whale recently sold 2.66 million POPCAT, worth $3.61 million, at $1.36, leaving him with 3.45 million POPCAT, valued at around $4.48 million. The trader made a profit of around $3.96 million.
When Popcat prices broke its all-time high of …
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