Term popularized in recent years in Mexico (especially cities like Monterrey, Guadalajara, Querétaro and Mexico City itself) used to refer to the small amount of the Mexican population that are white (yup, there's white people here hon!), since a big part of it is brown (yes the stereotype, just what you are imagining). It is usually used to make fun of those at the highest classes for being cocky and dumb. Most of these white-Mexicans are descendants of Spanish or European people from the colony or the Spanish Civil war, during which a lot of Spanish people sought refuge in Mexico and continued their line here. Basically whitexicans are those few middle and high-class citizens whose only connection to another country was a grandparent or great-grand but still love walking around telling everyone they're Spanish and including words in English in all of their sentences when they can barely structure a full sentence in it propery. But hey! we're not all so crappy :))
Whitexican 1 (Mariana): Carla, OMG, tenemos que irnos a New York YA, me urge un shopping! // Carla, OMG, we have to go to New York NOW, I *need* to go shopping!
Whitexican 2 (Carla): Yess! Justo después de que nos tomemos unas vacaciones en Cancún o Tulum, like, paradise obvs// Yess! Right after we go on vacations to Cancún or Tulum, like, paradise obvs
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