My thoughts on $WhiteWhale:
Now that the dust has settled a bit after a pretty crazy 24 hours, I’ve had some time to step back and think. I just wanted to share where my head is at.
I know a lot of people are hurting, angry, confused. I am too. Even though I’m still in profit from early entry, I round-tripped a lot more than I’m comfortable with, and that definitely leaves a mark.
I won’t lie, I did think about selling.
But then I stopped and asked myself: if I take the money now… where does it actually go?
And the honest answer is, nowhere that feels better. There really aren’t many options out there I’d feel confident rotating into. Even my second highest conviction (based on one of the most used memes on the internet) is sitting around ~5M with no where near the same foundations. There just isn’t anything else with the same structure/mechanics as WhiteWhale right now, even with TWW stepping back.
That said, there are also a few things that don’t quite sit right with me.
Maybe I’m coping. Maybe I’m overthinking. But I can’t fully ignore them either, so I’ll just lay them out plainly:
• FusionAMM / Breakwater — There was clearly real development around liquidity systems. This wasn’t just talk, it was visible on-chain.
• $UNTIL connection (Feb–March) — In whale chat screenshots, TWW confirmed UNTIL was a “test client” for his system and described it as a fee-generating mechanism that would support WhiteWhale.
• UNTIL + Season 3 timing (March 26) — The UNTIL countdown ended at the exact same time as the S3 announcement, which resulted in ~500M WhiteWhale tokens being permanently locked. At the same time, ~70% of total UNTIL supply was also permanently locked.
• UNTIL reset (March 27) — The countdown has now reset to ~6 days again, suggesting that whatever is happening over there isn’t finished. The countdown ends on Thursday 2nd of April around 5pm, which lines up with Maundy Thursday (traditionally associated with the Last Supper) just before Good Friday. Could be seen as the calm before the storm or the moment before everything changes. I know this sounds a bit mental, but just a fun observation.
• Supply decision (March 26) — Instead of selling treasury ($13M) and distributing it, he chose to permanently lock a massive portion of supply. That’s not the obvious move if the goal was to exit cleanly and reward holders if he thought the coin would die.
• Current structure (March 27) — ~60% of supply is now locked, treasury still active, and LP support appears ongoing the next day.
• Past statements (Jan–March)
– Jan 19: said if he ever “gave up”, it would likely involve locking supply
– Feb 16: stated upcoming plans may be seen as bullish by some and bearish by others
– Feb 16–19: discussed business plan, revenue engine, and mapped path toward 1B
– Feb 19: referenced “more to come” and moving into the next phase
– March 9: “everything I do is for a reason”
• Consistency vs current action — Multiple past messages about being “last man standing” and not abandoning the project don’t fully align with how this played out publicly. Unless something serious changed.
• Whale chat context — Screenshots suggest UNTIL, system testing, and broader strategy were part of a bigger framework, not isolated ideas.
I’m not saying any of this means something is going to happen.
I’m also not saying people are wrong for selling, everyone has their own situation and risk tolerance.
All I’m saying is:
For me personally, there are still enough unanswered questions, structural decisions, and prior context that I’m not fully comfortable writing this off as “that’s it, it’s over”.
Maybe I’m right, maybe I’m wrong.
But I’d rather sit through uncertainty on something that might still have a bigger picture, than rotate into something that I have zero conviction in.
Just my thoughts, not telling anyone what to do.
Take care of yourselves.
Whales together strong 🐋🤝
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