Moby Dick is racist because it doesn't have a Great Black Whale. Shame you, Gregory Peck and Herman Melville.
But, if the antagonist was a black whale instead of a white whale, then it would play into racial stereotypes of black whales.
Plus the inspiration for Moby Dick, "Mocha Dick", was off the Chilean coast. There was under-representation of Chileans in both the book and the movie.
For "Moby Dick" to be more woke, the antagonist would have to be a Scotch-Irish Southern white trash racist whale that was being avenged by Samuel L. Jackson, Morgan Freeman, or Denzel Washinghton. The first mate would have to be a transgendered Chilean that self-identified as non-binary played by Pablo de Cote. Ru Paul could be the navigator. Still might not be woke enough, but it's progress.