Meme Coin WhiteWhale Plummet 60% After Rug Pull Accusations, Large Holders Dump $1.3M in Tokens

Community-driven Solana meme coin WhiteWhale experienced a sudden massive sell-off, with its market cap tanking 60% within 5 minutes.On-chain data shows that WhiteWhale, which was launched 3 months ago on $PUMP , witnessed the largest holder dump of $1.3 million in tokens on Monday.The decline happened without a warning, causing heavy losses for holders. The event is widely described as a rug pull among the crypto community.Early Investors Secured Larger GainsMarket analyst Darky initially flagged the massive crash on social media. He wrote that the “viral memecoin” plummeted from $200 million to $20 million within a week . #StrategyBTCPurchase