Why did WHITEWHALE surge today? Whale buying, futures interest, and more...

According to CoinWorld, the price of WHITEWHALE meme coin has surged by over 24%, approaching $0.116, with trading volume soaring 93% to $12.69 million. A whale wallet has led a significant wave of accumulation. On-chain data shows that a treasury wallet has accumulated $200,000 worth of tokens, while derivatives trading volume has also skyrocketed 171.54% to $68.02 million, indicating active participation from both spot and futures traders. Momentum indicators such as RSI have reached 59, further supporting this upward trend, but the token still faces a key test at the $0.12 breakout level.