WHITEWHALE plummeted over 55% in a short period, with its market cap dropping to less than $15 million, due to uncertainty in the market triggered by the announcement of a key promoter's exit. The surge in trading volume indicates panic selling, significantly highlighting the risks associated with the project's reliance on a single core individual. This incident underscores the fragility of liquidity and consensus in the meme coin market, and investors need to pay attention to project governance and the stability of participants.