White Whale Surges on Bybit Amid MEXC Dispute and KuCoin Listing

• White Whale (WHITEWHALE) surged over 63% weekly on Bybit, driven by retail demand and Bitcoin's rally in early 2026.
• A trader using the wallet address Bcrtex turned $343 into $773K by leveraging the token's 370% gain on Bybit.
• White Whale is a community-driven Solana-based meme coin that emerged in late 2025 in response to a public dispute involving a centralized exchange.

The recent surge in White Whale is attributed to its listing on Bybit, which improved liquidity and attracted speculative demand. This surge coincides with a broader dispute between White Whale and MEXC over alleged premature futures listings before liquidity support was active.

The White Whale narrative is closely tied to a trader known as 'The White Whale,' who faced a public dispute with MEXC in mid-2025 over a $3 million fund freeze. The incident highlighted concerns about transparency and control within centralized exchanges. MEXC later reversed the freeze, issued an apology, and released the funds.

Bybit has launched a promotional campaign for White Whale with a 3 million token prize pool to boost liquidity and user engagement. The campaign runs from January 6, 2026, to January 21, 2026, and targets both new and existing users with deposit and trading incentives.

White Whale's market cap has exceeded $100 million, driven by community support and the trader's commitment to give back to the community and enhance liquidity. The token's price surged 22.45% in the last 24 hours and 370% over four days following the Bybit listing.

KuCoin has listed White Whale on its KuCoin Alpha platform for trading starting January 8, 2026, at 8:00 UTC. The trading pair is WHITEWHALE/USDT on the Solana Chain. The platform emphasizes transparency and resistance to predatory market practices.

Analysts warn of the inherent volatility in meme coin markets, noting risks of rapid corrections and sentiment shifts. Despite its growth, the token's future depends on sustained community engagement and liquidity provision beyond promotional periods.

The White Whale project includes a liquidity reward system and a community bounty tracker, aiming to build a self-sustaining platform. Tokenomics show a fully unlocked supply of nearly 1 billion tokens, with a high concentration among top holders.

The situation between White Whale and MEXC has raised concerns about centralized exchanges' transparency and fund management. The lack of a public resolution to the prior dispute has left unresolved trust issues in the community.

The broader market is evaluating whether White Whale can maintain a market cap above $90 million or face a correction after the initial listing rush. Structural vulnerabilities like potential post-listing corrections are being monitored by analysts.

The dispute with MEXC highlights broader crypto space issues seen at FTX, emphasizing the need for greater transparency and accountability in exchange operations.

The White Whale project aims to promote transparency in the crypto market and address issues like account freezes, KYC requirements, and lack of user leverage. The coin operates on the Solana blockchain, offering fast transactions and low fees.

The token's growth reflects broader interest in meme tokens, particularly on high-speed blockchains like Solana. Retail traders, long-term holders, and institutions are impacted, with potential consequences for fund safety and trust in centralized platforms.

The White Whale narrative shifted to community-driven growth after the legendary trader took over the project. He committed to giving back all related revenue to the community and investing in liquidity to prevent rug pulls.

The project includes a $100,000 Community Giveback plan to sustain price increases and enhance liquidity. The trader's influence grew further after a significant loss in the October 10 market crash, contributing to the token's rise.

Users are advised to conduct independent research and be aware of the high risks associated with tokens on KuCoin Alpha, including significant price volatility and potential capital loss.

The recent surge in White Whale has drawn comparisons to the FTX saga, highlighting the importance of transparency and accountability in crypto markets. The situation underscores the growing demand for trust and fairness in exchange operations.

The White Whale project represents a growing trend of community-driven governance in crypto. It symbolizes resistance to predatory crypto market practices and emphasizes collective resilience over hype.

The broader market will likely remain cautious as it evaluates the sustainability of such high returns. The situation highlights the potential for social media to amplify accountability efforts and demand greater transparency.

The White Whale token's trading volume surged to $32.61 million in the last 24 hours, indicating strong market interest. Analysts are monitoring whether the token can maintain its market cap above $90 million or face a correction after the initial listing rush.

The token's success is linked to several factors, including its listing on Bybit, which improved liquidity and attracted speculative demand. Broader market conditions, such as Bitcoin's rally driven by institutional ETFs and geopolitical factors, have influenced White Whale's trajectory.

The situation between White Whale and MEXC has raised concerns about centralized control and potential manipulation, which could affect investor confidence. The allegations could lead to further legal challenges and eroded confidence in the exchange.

The White Whale project's narrative is built around the trader's public dispute with MEXC and the subsequent community-driven initiatives to promote transparency and fairness. The project's focus on transparency and resistance to predatory practices aligns with growing investor demands for accountability.

The recent surge in White Whale's price has been driven by both retail and institutional demand, with the token's narrative and on-chain activity playing a key role. Analysts caution that such gains are rare and not easily replicable for average investors.

The White Whale token's trading activity is being closely watched by market participants as exchanges increasingly balance incentive-driven growth with longer-term liquidity stability. The situation highlights the importance of transparency and trust in maintaining investor confidence.

The White Whale project's success is attributed to its strong community engagement and the trader's commitment to transparency. The project aims to address real-world challenges in centralized exchanges and promote fair and transparent market practices.

The token's rise reflects broader interest in meme tokens and the growing influence of retail traders in the crypto market. The situation underscores the importance of community-driven initiatives in promoting transparency and accountability in exchange operations.