Cash Cat (CASHCAT) surged 40.78% to $0.1612, with 24-hour volume rising 58.68% to $45.6 million and holder count expanding to nearly 50,000. A short squeeze drove $307,400 in short liquidations versus just $8.20 in longs, while Open Interest jumped 47.15% to $33.87 million with a 0.2305% funding rate. Technical indicators show strong buyer control (ADX 60.14, +DI 39.79 vs -DI 8.40) as price approaches the $0.1739 resistance, though elevated long positioning raises leverage risks.
Cash Cat (CASHCAT) surged 40.78% to $0.1612, driven by a broader rotation across the memecoin sector. Its 24-hour volume climbed 58.68% during the rally, while the token’s growing holder count expanded to nearly 50,000 holders.
Short liquidations reached $307,400 compared to only $8.20 across long positions, according to derivatives data. Hyperliquid alone contributed $293,290 to the short squeeze, with Bybit adding $10,880 and Lighter another $2,020.
Open Interest jumped 47.15% to $33.87 million as leveraged participation expanded alongside the price advance. The OI-Weighted Funding Rate reached 0.2305%, reflecting strong long positioning but also increasingly crowded bullish exposure.
On the 4-hour chart, CASHCAT reclaimed the $0.1313 level before advancing toward approximately $0.1618. The immediate barrier at $0.1739 now separates the rally from a broader breakout, with buyer control confirmed by +DI at 39.79 against -DI at 8.40.
The ADX indicator stood at 60.14, confirming strong directional conditions behind the move. Sustained support above $0.1739 would strengthen the broader breakout case, placing $0.25 as the possible upside target.
