BlockBeats News, January 27th, according to GMGN monitoring, on the Solana chain, the Meme coin WhiteWhale's market cap briefly surged to $80 million today, currently trading at around $70 million, with a more than 60% increase in the past 24 hours. This surge may be mainly due to the token's iconic figure, The White Whale (associated address ECyvt...), personally buying in.Furthermore, data shows that the associated address made a total purchase of over 15 million Meme coins today, worth about $1.05 million, and then transferred the tokens to its main address (EBxg...). Currently, the main address holds around 67.9 million tokens, accounting for 54% of the total Meme coin supply, with a holding value of $37 million, an unrealized gain of $16.7 million (31%), an average purchase price of around $0.0212, and no sales yet.The Meme coin was originally created on October 13, 2025, on pump.fun, borrowing the avatar of the well-known trader on X and Hyperliquid, The White Whale (X:TheWhiteWhaleV2), by fans. Later, due to concerns that the token might be misused to damage his reputation, the narrative's protagonist, The White Whale, announced he would proactively take over the project and made large-scale purchases.BlockBeats reminds users that Meme coin trading is highly volatile, heavily reliant on market sentiment and concept speculation, with no actual value or use case. Investors should be aware of the risks.
