WhiteWhale rises as The White Whale personally controls the purchase of 15 million tokens, with its holdings accounting for 54%

According to GMGN monitoring, the market capitalization of the Meme coin WhiteWhale on the Solana chain briefly surged to $80 million, currently reported at about $70 million, with a 24-hour increase of over 60%. This rise may primarily stem from the personal purchase by the token's prototype character, The White Whale.

Additionally, data shows that the associated address has purchased over 15 million tokens of the same name today, valued at approximately $1.05 million, and subsequently aggregated the tokens to its main address. Currently, this main address holds about 67.9 million tokens, accounting for 54% of the total supply of this Meme coin, with a holding value of $37 million and an unrealized profit of $16.7 million (31%), with an average purchase price of about $0.0212, and has not yet sold.

This Meme coin was initially created on October 13, 2025, on pump.fun by fans using the well-known trader The White Whale's avatar from X and Hyperliquid. Later, due to concerns that the token might be misused and harm his reputation, the narrative character The White Whale announced the takeover of the project and began to accumulate a large position.

ChainCatcher reminds users that trading Meme coins is highly volatile, largely relying on market sentiment and conceptual speculation, and has no actual value or use case; investors should be aware of the risks.