A trader made a 1,253x profit with CASHCAT in 20 days, turning $838 into $1.05 million.
According to Odaily, Lookonchain monitoring shows that a trader spent $838 to purchase 15.04 million CASHCAT 20 days ago and held them until today. After CASHCAT increased in price, the trader sold 13.5 million CASHCAT for $917,600, and is still holding 1.5 million CASHCAT worth $133,700. The total profit amounts to $1.05 million.
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Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
