WhiteWhale (WhiteWhale), a Solana-based token, saw its market capitalization surge past $95 million after Bybit listed it for spot trading, while on-chain data revealed one early investor turned a $343 bet into roughly $773,000 in profit.
What Happened: Bybit Listing Sparks Rally
The token launched in late 2025 via Pump.fun and markets itself as "a whale for the people," promoting transparency against predatory trading practices. Its fixed supply stands at roughly 1 billion tokens with no burns or taxes.
The token's sharp price increase followed its debut on Bybit's spot trading platform. The listing drew immediate attention from traders seeking exposure to the newly accessible asset.
On-chain records show a wallet identified as BCrTEX purchased 14.9 million WhiteWhale tokens for $343 before the exchange listing.
The wallet later sold 7.5 million tokens for $86,000 and retained 7.4 million tokens valued at approximately $687,500 at the time of the report.
The combined realized and unrealized gains totaled about $773,000, representing a return of 2,253 times the original investment. Transaction details remain verifiable through the Solscan blockchain explorer.
Also Read: PUMP Token Soars 60% As Solana Memecoins Heat Up
Why It Matters: Exchange Access Drives Valuations
The WhiteWhale case illustrates how listings on centralized exchanges can rapidly expand a token's reach and trading volume. Tokens that previously traded only on decentralized platforms often experience sharp price movements when major exchanges provide access to broader investor pools.
The 2,253x return also highlights the outsized gains possible in low-cap tokens ahead of major catalysts, though such trades carry substantial risk of equally sharp losses if momentum reverses.
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