The post WhiteWhale Falls 60% as Whale Sells $1.3M appeared on BitcoinEthereumNews.com.

Top $WhiteWhale holder sells $1.3M, causing a 60% price drop. Wallet still holds 1% of the supply, signaling potential future volatility. A major shift occurred in the $WhiteWhale market after the top holder sold $1.3 million worth of tokens. This sell-off caused a dramatic 60% price drop in a single candle. The whale still holds 1% of the token’s supply, which could lead to further market fluctuations. This incident raises questions about the future price action of $WhiteWhale. Whale Sell-Off Causes Massive Price Drop and Market Reaction According to Bubblemaps, on January 19, 2026, the top holder of $WhiteWhale sold $1.3 million worth of the token. The sale caused an immediate 60% price drop, triggering panic among traders and increasing market activity.  JUST IN: 🐳 The top holder of $WhiteWhale sold $1.3M Causing a -60% price candle The wallet still holds 1% of the supply pic.twitter.com/CkrBhN31A8 — Bubblemaps (@bubblemaps) January 19, 2026 This dramatic movement occurred in just one price candle, resulting in a sudden and sharp change in market conditions. Despite the large sale, the wallet still holds 1% of the total supply, which could lead to further market fluctuations. Despite the significant sell-off, the wallet still holds 1% of the total token supply. This means the market may see additional impacts if the whale decides to sell more tokens. Whale activities in smaller cryptocurrencies can often cause large price swings due to the concentration of holdings. Traders Look for Support Levels and Price Recovery Following the 60% drop, traders are searching for potential support levels where the price may stabilize. In the crypto market, large price changes like this often test key support zones. If the token can find support at previous lows, it might begin to recover. On the other hand, if no support is found, further…

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Filed under: News - @ January 21, 2026 6:25 am