Lookonchain
On-chain data tracked by HypurrScan shows wallet 0xc36a opened a short position on the $CASHCAT memecoin two days ago and is now sitting on roughly $529K in unrealized profit.
The size of the win matters less than the mechanics behind it. Memecoin perps on Hyperliquid-style venues let a single well-timed short print five- and six-figure PnL on the back of thin liquidity, and the wallet has yet to close, so the figure remains on paper until settled.
For the broader market, the read is straightforward: token-specific flows on niche memecoins still concentrate in a handful of wallets, and the unrealized line on HypurrScan is the cleanest window into who is positioned which way.
Source: [HypurrScan Beta](https://hypurrscan.io/address/0xc36af149b64a41aab6c26ea6b71c37082d9e105b#perps)
Frequently asked questions
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Who is the trader sitting on the $529K $CASHCAT short?
The wallet labeled 0xc36a on HypurrScan opened the short on $CASHCAT two days ago and is currently showing roughly $529K in unrealized profit, with the position still open.
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Is the $529K profit realized?
No. Per HypurrScan the position remains open, so the $529K figure is unrealized PnL and will only become realized once the wallet closes or flips the trade.
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What is $CASHCAT?
$CASHCAT is a memecoin that trades on Hyperliquid-style perpetual venues, where wallet-level positions and unrealized PnL are publicly visible through explorers such as HypurrScan.
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Why does a single wallet's short matter for the market?
On thin memecoin perps, a single well-sized short can move price and concentrate directional flow, and trackers like HypurrScan let other traders see that positioning in real time as a sentiment signal.
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Where can the position be verified?
The wallet 0xc36a's perpetuals positions, including the $CASHCAT short, are visible on HypurrScan at the address page linked in the source citation.
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