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Roaring Kitty Returns After 2 Months, Posts Chewy-Related Images or Hints at Abandoning Its Stake

Roaring Kitty Returns After 2 Months, Posts Chewy-Related Images or Hints at Abandoning Its Stake

Bitget2024/09/07 14:55

Roaring Kitty returned after a 2-month hiatus to post Chewy-related images on X. The post saw the price of Chewy, the Meme token on the Solana chain, rise by nearly 28% for a short period of time, but Roaring Kitty's cryptic post seems to indicate that he's abandoning the Chewy company rather than endorsing it.Roaring Kitty shared an image from the movie Toy Story showing Andy dropping his favorite toy, Woody. In that post, Woody has been replaced by the Chewy token logo. This could indicate that Roaring Kitty is hinting that he will be dropping his Chewy (CHWY) stake. As previously reported, on July 1, Roaring Kitty has filed a 13G with the SEC declaring 9,001,000 shares of pet food e-commerce giant Chewy (CHWY), or 6.6% of the company's total share capital.

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