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Controversial influencer Andrew Tate is sitting on an unrealized revenue of $41K from a leveraged quick on YZY MONEY (YZY), a meme coin linked to rapper Kanye West, whereas 13 different wallets every pocketed over $1 million from the token.
The meme coin went viral after showing on West’s official X account, triggering a 1,400% surge to $3 and a market cap of $3 billion.
Excessive-profile merchants, together with BitMEX co-founder Arthur Hayes and leveraged dealer James Wynn, additionally purchased in, drawn by the hype surrounding the celebrity-backed token.
However its surge was short-lived. Fears of a rugpull appeared justified when YZY’s value crashed hours later, leaving hundreds of smaller buyers with losses.
CoinMarketCap information reveals the token has plummeted greater than 44% within the final 24 hours to commerce at $0.6571.
YZY value chart (Supply: CoinMarketCap)
Nansen information reveals 13 wallets collectively made $24.5 million dumping the token, whereas solely a small fraction of addresses that purchased the coin nonetheless maintain it.
Tate Makes A Leveraged Wager Towards YZY
Tate’s YZY commerce provides to his historical past with movie star meme cash, together with his personal controversial Daddy Tate (DADDY) token.
According to on-chain information cited by Lookonchain, Tate opened a 3X quick place on YZY when its value was at $0.8524.
The commerce was carried out on the decentralized perpetual futures platform Hyperliquid. With YZY’s present value, the influencer is sitting on an unrealized revenue of $41,575.82, marking a greater than 91% acquire since he opened the place. The liquidation value for the order is $1.0268, in accordance to HyperDash.
In an X publish earlier at the moment, Lookonchain mentioned that Tate has carried out 80 trades on Hyperliquid up to now with a win charge of solely 36.25% and a complete lack of $699K.
Andrew Tate(@Cobratate) opened a 3x quick on $YZY at $0.8524, now sitting on a revenue of $16K.
However he would not appear to be good at perps buying and selling.
To this point, he is made 80 trades on #Hyperliquid — solely 29 had been worthwhile (win charge: 36.25%) — with complete losses of $699K.… pic.twitter.com/ZvR9QZEVEk
— Lookonchain (@lookonchain) August 22, 2025
On June 11 final yr, Tate started selling his personal token DADDY token.
That mission was clouded in controversy after a Bubblemaps evaluation mentioned the crypto’s creator despatched roughly 40% of the provision to Tate’s pockets quickly after the crypto was launched.
Tate responded to the evaluation and mentioned that he would “by no means promote” what was despatched to his pockets. “I’ll solely burn and purchase,” he added, earlier than burning round $10K price of the tokens.
Bubblemaps additionally flagged 11 wallets that purchased about 20% of DADDY’s provide earlier than Tate’s first publish, elevating liquidity and centralization dangers.
Insider Wallets Dump YZY For Large Income
Related buying and selling exercise round that seen with DADDY has been noticed with YZY, inflicting the crypto’s value to crash. Based on Nansen, 13 wallets achieved a mixed revenue of $24.5 million as they dumped the meme coin in the marketplace.
A question by Dune Analytics signifies that over 56,000 wallets interacted with the YZY token, whereas Nansen reveals that there are nonetheless 25,369 wallets holding greater than $1 price of the crypto.
That information additionally reveals that solely 9 of the 99 addresses that purchased the token nonetheless maintain YZY.
Of the hundreds of wallets that interacted with the token, two of them noticed losses of greater than $1 million. The most important loser, the Nansen information reveals, misplaced $1.8 million. The second largest loss was round $1.2 million.
First YZY Purchaser Made Thousands and thousands On TRUMP: Bubblemaps
In an Aug. 21 X thread, Bubblemaps mentioned it recognized the primary purchaser of YZY, linking the identification to a dealer named “Naseem,” who was capable of flip a $1.09 million Official Trump (TRUMP) funding into $100 million.
BREAKING: now we have discovered the identification of the FIRST purchaser of $YZY
It’s the identical dealer who made $100M on $TRUMP
Professional sniper or insider? 🧵 pic.twitter.com/e9oJL2t7jK
— Bubblemaps (@bubblemaps) August 21, 2025
Based on Bubblemaps, all transactions that occurred between the token’s launch day on Aug. 17 and Aug. 21 had been carried out by the meme coin’s workforce. The primary actual purchase was carried out on Aug. 21, when pockets “AwY1V” bought $250K price of YZY.
Bubblemaps says that the pockets in that buy has hyperlinks to wallets beforehand utilized by Naseem, which additionally included addresses that sniped each LIBRA and TRUMP. Primarily based on these findings, they mentioned they’re “assured that AwY1V is Naseem.”
Naseem has already offered $800K price of YZY and nonetheless holds $600K, Bubblemaps added.
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