The Solana-based meme token saw sharp price gains and heavy concentration among top holders, as GMGN data highlights a single wallet controlling over half of the circulating supply.
WhiteWhale, a Solana-based meme coin, rose more than 60% in 24 hours, briefly pushing its market capitalization to around $80 million before settling near $70 million. GMGN data dated January 27 shows a wallet identified as The White Whale accumulated 15 million tokens worth roughly $1.05 million and now controls 67.9 million tokens, or about 54% of total supply, with no recorded sales and significant unrealized gains.