WhiteWhale Meme Coin Surges Past $100 Million Market Cap as Key Holder Makes Major Moves

The latest blockchain activity around WhiteWhale is turning heads across the Solana ecosystem. This meme coin has recently witnessed explosive growth, with its market valuation briefly fleetingly reaching beyond the $100 million threshold. As of now, the token is trading around $0.105 USD per coin, reflecting a robust 24-hour gain of approximately 25%. The surge appears to stem from strategic accumulation by the project’s associated figure, The White Whale (linked to wallet ECyvt…), signaling potential confidence in the asset’s near-term trajectory.

The Creator’s Emergency Takeover and Community Origins

Interestingly, WhiteWhale didn’t start as an official project from The White Whale himself. Instead, this meme coin was originally launched on October 13, 2025, through pump.fun by community fans who adopted the persona and trading reputation of The White Whale—leveraging his X handle “TheWhaleV2” and presence on Hyperliquid for credibility. However, recognizing potential reputational risks and the danger of misuse, The White Whale made the strategic decision to assume direct control of the project, transitioning from bystander to active stakeholder. This move marked a turning point, as he began methodically building a significant position in the token he now oversees.

Whale Holdings Reshape Meme Coin Dynamics

The consolidation of tokens into The White Whale’s primary address (EBxg…) reveals just how concentrated this meme coin’s ownership structure has become. His main wallet currently controls approximately $56 million worth of tokens—representing a staggering 56% of the entire token supply. According to chain monitoring data, his average entry price stands at around $0.0213 USD, meaning his unrealized paper gains have climbed to roughly $17.7 million, translating to approximately 30% profit on his accumulated holdings.

Most notably, The White Whale has maintained a “no sell” posture, meaning all accumulated tokens remain locked in his address. Today’s trading activity alone saw him purchase over 2.39 million additional tokens valued at approximately $200,000 USD, which he subsequently transferred and consolidated into his primary wallet. This persistence in accumulation, despite already commanding more than half the token’s supply, underscores his commitment to the project’s direction.

Critical Risk Assessment: Why This Meme Coin Demands Caution

As ChainCatcher and other market observers remind investors, this meme coin—like most tokens in this category—remains subject to extreme price volatility and market speculation. The value of such tokens derives predominantly from sentiment and conceptual narrative rather than underlying utility, fundamentals, or real-world use cases. Participants should thoroughly evaluate their risk tolerance, as dramatic reversals, coordinated selling, and sudden collapses are inherent risks in this asset class. Due diligence and conservative position-sizing remain essential strategies when engaging with speculative meme coins of this nature.