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Hyperliquid Legendary Trader Takes Over Meme Coin, Self-Funds Community Leading to WhiteWhale Market Cap Exceeding Billion

Summary: According to GMGN monitoring, the Solana-based Meme coin WhiteWhale has surpassed a market cap of $1.1 billion, hitting a new high and currently trading at around $0.11. With a cumulative increase of approximately 2700% in the past 30 days, the growth has exceeded one hundredfold since December last year. The number of holding addresses has ...

According to GMGN monitoring, the Solana-based Meme coin WhiteWhale has surpassed a market cap of $1.1 billion, hitting a new high and currently trading at around $0.11. With a cumulative increase of approximately 2700% in the past 30 days, the growth has exceeded one hundredfold since December last year. The number of holding addresses has exceeded 12,000, with a 24-hour trading volume of $4.8 million, ranking fourth on the trading list.

The token was initially created on pump.fun on October 13, 2025, with the community fans borrowing the avatar of the well-known trader The White Whale (X: TheWhiteWhaleV2) to launch it. Its market cap was initially only about $100,000, and it remained stagnant for a long time, almost approaching zero at one point.

On December 7, 2025, due to concerns about the token being misused and damaging personal reputation, The White Whale himself announced taking over the project and pledged to return all related income to the community, making zero profit for himself. He purchased 10,000 tokens and plans to invest $140,000 of his own funds gradually to provide liquidity to enhance trading depth and anti-Rug ability. The project gradually formed a narrative of anti-KOL bloodsucking and anti-Rug community autonomy. Subsequently, on December 20, the project announced a $100,000 community incentive plan to continue driving the token price up.

According to HyperInsight monitoring, The White Whale was previously a legendary trader on Hyperliquid, with 87,000 followers on X. In July 2025, The White Whale made significant long positions on ETH and SOL, making nearly $30 million in profit in a single week, topping the Hyperliquid profit list for the first time. From August to September, his annualized earnings approached $100 million. On October 11, he experienced the largest single-day drawdown, losing $62 million. Despite the heavy losses, he still maintained overall profits for the year. On November 14, 2025, The White Whale announced his permanent withdrawal from Hyperliquid trading, shifting support to teams dedicated to improving underlying design.

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