The White Whale Officially Announces Exit, Meme Coin WhiteWhale Crashes About 50% Today

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March 27 — Per data from GMGN, Solana-based meme coin WhiteWhale has plummeted roughly 50% today, with a current market cap of $12 million and 24-hour trading volume of $5.4 million. Renowned trader The White Whale announced his formal departure from WhiteWhale’s leadership role today, having permanently locked 5 billion WhiteWhale tokens in one transaction—valued at approximately $13 million at the time of locking. His exit stems primarily from a family crisis, compounded by ongoing community demands for “more aggressive price pumps,” which left him exhausted and gradually eroded his passion for cryptocurrency. The meme coin was initially created by fans using The White Whale’s avatar from platform X and Hyperliquid. It was later taken over by the trader himself, who significantly increased his holdings through large-scale purchases. BlockBeats reminds users that meme coin trading is highly volatile, relying heavily on market sentiment and hype. These tokens have no real value or practical use case, so investors are advised to exercise caution.

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