ORCA Price Rallies 50% on $1M Exchange Withdrawals, Mint Authority Risk Looms

ORCA stunned the market with a sharp 50% surge in the past 24 hours, climbing quickly without any major development announcement. The rally appears driven by renewed investor interest rather than protocol upgrades. Exchange balances fell sharply as nearly 1 million ORCA tokens were bought off exchanges in 24 hours — at $1.23 apiece that supply is worth about $1.23 million.

This was the largest single-day accumulation of ORCA this year and coincided with rising utility metrics. USDC total value locked on Orca rose 100% year over year to nearly $90 million. Net Unrealized Profit and Loss readings suggest prior losses had saturated, a pattern that in March 2025 preceded a near-119% rally as holders stopped capitulating.

ORCA traded at $1.214 after posting a 51.7% gain in 24 hours, peaking intraday at $1.421 before retreating below $1.256, which points to early profit-taking.

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