Hyperliquid legendary trader takes over my Meme coin, self-funded "Build" community causes WhiteWhale market cap to surpass 100 million

On January 8, according to GMGN monitoring, the Meme coin WhiteWhale on the Solana chain surpassed a market cap of $110 million, setting a new high and currently trading at approximately $0.11. Over the past 30 days, it has increased by about 2700%. Since December of last year, the increase has exceeded a hundredfold. Currently, the number of addresses holding the coin has exceeded 12,000, with a trading volume of $4.8 million in the past 24 hours, ranking fourth on the trading volume list. This token was initially created on pump.fun on October 13, 2025, initiated by community fans using the avatar of well-known trader The White Whale (X: TheWhiteWhaleV2). In its early days, its market cap was only about $100,000, and it then experienced a long period of sideways trading, once approaching zero. On December 7, 2025, fearing that the token might be abused and damage personal reputation, The White Whale announced that he would take over the project and pledged to return all related income to the community, earning “zero profit” himself. He bought 10,000 tokens and plans to invest a total of $140,000 of his own funds to provide liquidity to improve trading depth and resistance to Rug pulls. The project gradually formed a community autonomous narrative of “anti-KOL bloodsucking, anti-Rug.” Subsequently, on December 20, the project announced the launch of a “$100,000 community reward” incentive plan, which drove the token price to continue rising. 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 heavily longed ETH and SOL, earning nearly $30 million in a single week, topping the Hyperliquid profit leaderboard for the first time. Between August and September, his annualized return once approached $100 million. On October 11, during a major crash, he experienced his largest single-day drawdown, losing $62 million. Despite the heavy losses, he still maintained overall profitability for the year. On November 14, 2025, The White Whale announced his permanent exit from Hyperliquid trading, shifting to support a team dedicated to improving the underlying design.