Update (Dec. 17, 9 a.m. EST): J. Cole's album sold 371,000 copies (counting sales plus streams) in its first week, also notching a Spotify record for first-week streams with 15.7 million in the U.S.

J. Cole's new album, 2014 Forest Hills Drive, will open at No. 1 in the U.S., thanks to some massive sales.

According to Hits Daily Double, the album sold approximately 361,000 units in its first week, enough to overthrow Taylor Swift's 1989, which has been No. 1 for five weeks.

Final sales data will be revealed by Nielsen SoundScan on Wednesday, but this easily gives Cole the best hip-hop sales week in over a year, including Rick Ross' Mastermind, which had been 2014's best rap debut with 179,000 units sold in its first week back in March.

As we previously mentioned, the last rap album to sell more than 300,000 copies in one week was Eminem's The Marshall Mathers LP 2, which debuted at No. 1 last November with 792,000 sold.