2026-01-12 14:25:16

Interestingly, the famous whale wallet on the Solana chain has moved again. This address has previously made some big moves—selling $60,000 worth of assets to reach $2.5 million, and now it suddenly awakens from a 30-day silence.

Here's the situation: this whale dumped about $1 million worth of WhiteWhale within 15 minutes, causing the token price to plummet by 20%. It’s worth noting that this wallet was the second-largest holder of WhiteWhale in the early days, holding 2.5% of the total supply.

The WhiteWhale team later clarified that this address is not an insider. They even tried to propose an OTC agreement to ease the selling pressure, but it was rejected. So, this move appears to be a normal market participant exit.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
6
Repost
Share

Comment

0/400

SudoRm-RfWallet/

· 9h ago

A $1 million investment dropped directly by 20%. This whale is really ruthless. The team's OTC was even rejected, haha.

View OriginalReply0

AlwaysMissingTops

· 9h ago

Wow, the whale woke up and immediately dumped the market. This pace is incredible...

View OriginalReply0

WhaleWatcher

· 9h ago

Whales move and the price drops by 20% instantly—what a huge move... Early second holders are now ready to sell at will, and the team's OTC has been rejected. It seems they really want to realize profits. However, if there are no buyers to absorb this selling pressure, the price will have to fall further.

View OriginalReply0

CryptoMotivator

· 9h ago

Whales wake up and dump the market; this move is indeed ruthless. A 20% plunge—how many people got their leeks sliced again?

View OriginalReply0

IntrovertMetaverse

· 9h ago

Wow, this whale is really ruthless. In 30 days, it didn't move at all and suddenly dumped 1 million, causing a 20% drop? I really didn't expect that...

View OriginalReply0

PumpAnalyst

· 9h ago

Whales move, the entire market moves; this is our fate. --- $1 million was dumped in 15 minutes, with 20% dropping straight away. What do you call normal exit? I think it's a signal of a rug pull. --- The team clarifies they're not insiders? Ha, I've heard that too many times, and every time they say the same. --- Still holding 2.5% of the chips. If they really want to exit, they'll dump everything in one go. This operation is indeed a bit ambiguous. --- Support levels are all broken, the technicals are completely rotten. Friends who are trying to buy the dip, be careful. --- Don't be fooled by the rebound; this is the standard rug pull process of the whales. They even rejected OTC, showing they're determined to succeed.

View OriginalReply0