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Solana-based Meme Coin WhiteWhale Surges 80% in the Past 24 Hours, Seeing a 25x Increase in Market Cap Over the Last Ten Days

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Dec 29 — Per GMGN monitoring (via this link), Solana-based meme coin WhiteWhale has been on a steady uptrend since Dec 20, posting a cumulative gain of over 2,500%. It rallied past its previous all-time high again overnight and this morning, with an 80% jump in the past 24 hours. The token is now trading at roughly $0.0521, with a market capitalization of approximately $52.19 million. Monitoring data shows a shrewd wallet address (CJtQ) invested $9,600 on Dec 4, when WhiteWhale’s market cap was just $540,000. The current unrealized profit on this position stands at $378,000, representing a roughly 90x return. Other Solana meme coins have also performed well over the same period: - FKH: 28% higher in the past 24 hours, market cap $15.71 million, now trading at ~$0.0157; - CHILLHOUSE: 55.4% gain in the past 24 hours, market cap $6.15 million, now trading at roughly $0.0061. BlockBeats Note: Meme coin trading carries extreme volatility, as these tokens rely heavily on market sentiment and speculative hype—they have no inherent value or practical use case. Investors are advised to exercise caution and be fully aware of the associated risks.
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British fintech company GSTechnologies acquires Polish cryptocurrency service provider Finferno

UK fintech GSTechnologies Ltd (London Stock Exchange: GST) announced Wednesday (December 29th) it has acquired Polish virtual asset service provider Finferno Spó?ka z Ograniczon? Odpowiedzialno?ci? (Finferno Sp. z o.o.) for an undisclosed sum. The deal was funded with GST’s existing cash reserves and aims to expand the company’s digital asset footprint in Poland and Central Europe. Through the acquisition, GST will launch a new digital asset exchange and wealth management service in Poland—initially operating in pilot mode. (Source: Investing.com)

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Bloomberg Analyst: All Asset Classes May See Broad Declines Next Year, Bitcoin Could Fall to $50,000

On December 29, Bloomberg Intelligence Senior Commodity Strategist Mike McGlone warned in a post that Bitcoin could fall to $50,000 by 2026—and potentially drop another 90% to $10,000. “Bitcoin was the first cryptocurrency, launched in 2009, but it now faces millions of digital asset rivals,” McGlone noted. “In contrast, gold has just three competitors: silver, platinum, and palladium.” He predicts gold will climb another 10% by 2026, trading above $5,000 per ounce. McGlone added that 2026 will be a tough year for all asset classes. Gold’s relative outperformance “may signal a pullback in U.S. equities in 2026, with crude oil, copper, silver, and all risk assets facing headwinds.”

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Bitcoin's Morning Rally Sees $2 Billion Increase in Long Positions

On December 29th, CryptoQuant analyst @Darkfost_Coc noted that total Bitcoin network contract holdings rose by $2 billion amid this morning’s Bitcoin price surge. @Darkfost_Coc added that in cases like this, price swings tend to be short-lived. Leveraged positions are often temporary, which typically prevents the market from establishing a solid bottom—making it harder to see a sustainable bullish reversal.

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QCP: BTC Price Distortion due to Holiday Liquidity Thinning, Directional Choices Await Liquidity Reversion

On Dec 29, analysts at QCP Capital noted Bitcoin (BTC) surged ~2.6% in early trading, with holiday-related illiquidity driving price distortions. The rally was fueled more by spot and perpetual buying pressure than liquidation activity. Deribit’s BTC perpetual funding rate climbed above 30%, signaling traders hold short gamma positions on the upside. If BTC holds above $94k, it could trigger amplified hedging buying pressure. On the downside: $85k December put options were not rolled over, with open interest dropping ~50% post-expiry. This reflects market participants’ focus on monitoring, directional uncertainty, or a wait for liquidity to return.

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During a Whale's Downtrend, They Shorted Bitcoin 10x, Holding a Position Worth Over $36 Million

On December 29, Onchain Lens data shows a whale address that previously sold 255 BTC doubled down on shorting Bitcoin amid the market dip. The address currently holds 409.58 BTC worth $36 million, with an entry price of $87,892.

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The "Buddy" continued to accumulate ETH and enter long positions on HYPE during the downturn, increasing the total position value to $25.2 million

December 29: Per HyperInsight monitoring, the entity “Big Brother” continued ramping up its long positions in Ethereum (ETH) and HYPE amid a market downturn. As of press time, its total position value has climbed to $25.2 million. Position details: - 25x ETH long: 8,000 coins, liquidation price $2,875 - 10x HYPE long: 55,000 coins

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