Token Yzy of Kanye West caused losses for USD $ 75 million among more than 51,000 wallets

By Hannah Pérez

While the vast majority of investors lost, 11 wallets received 30% of all earnings, putting each of USD $ 1 million, according to data shared by Bubblemaps.

***

The Kanye West Memecoin Yzy left 51,862 operators with millionaire losses.
74% of the wallets incurred losses, with 100 suffering losses of up to USD $ 1 million.
While most are in red numbers, 11 won more than USD $ 1 million each.
The rapper released Yzy last week, quickly attracting attention and generating controversy.
Yzy has fallen more than 80% price since its maximum on the day of its debut.

The recent launch of the cryptocurrency of rapper Kanye West (now known as Ye), has left a trace of significant losses for thousands of cryptocurrency investors.

According to the analysis platform data Blockchain Bublemapsmore than 51,800 wallets lost between 1 and one million dollars, while only a few benefited, in an episode that highlights the dynamic speculative of the dynamics of the Memecoins associated with celebrities.

The token yzy, based on the chain of Solariumwas released on August 20 as Part of the “Yzy Money” ecosystem, which promised to include payment rails and a brand card. However, the project generated doubts from the beginning due to the previous statements of West against the Memecoins.

The artist had publicly rejected the idea of launching his own Token, arguing that these assets “They take advantage of fans with hype”And they did not contribute to a real control of finance. Despite this, West seemed to change their minds when he promoted intensely Yzy through social networks and his official website, attracting tens of thousands of investors.

Hours after launch, the value of the Token collapsed more than 70%, according to platform data such as Dextools. This collapse was attributed to factors such as scarce liquidity, rapid speculation and alleged manipulations by Insiders.

Chain data revealed that 70% of the initial supply was reserved for Yeezy Investmentswith only 20% sold to the public and 10% for liquidity, a structure that facilitated rapid extractions and left the community vulnerable.

74% of Yzy headlines see red numbers

Now, new information has revealed the magnitude of losses –and the disproportionate profits of a few.

According to BublemapsThe Yzy cryptocurrency attracted a total of 70,201 operators, but approximately 74% incurred losses for approximately 74.8 million dollars.

Breaking down the figures: 5,269 wallets lost between USD $ 1,000 and $ 10,000, 1,025 between USD $ 10,000 and $ 100,000, 108 between USD $ 100,000 and $ 1 million, and 3 suffered losses exceeding one million dollars each. In contrast, only 18,333 wallets obtained profits, totaling USD $ 66.6 million, although the distribution was extremely unequal.

The Updated $ Yzy numbers are worse than we thought

70,000+ total traders

> 51,862 Lost $ 1– $ 1k
> 5,269 Lost $ 1k– $ 10K
> 1,025 Lost $ 10K– $ 100K
> 108 Lost $ 100k– $ 1m
> 3 lost $ 1m+

Meanwhile, 11 Wallets Made $ 1m+ pic.twitter.com/i9zabjepam

– Bublemaps (@bublemaps) August 27, 2025

The concentration of benefits in the hands of a few has generated accusations of trade with privileged information. Bublemaps revealed that 11 wallets captured 30% of all profits, each monopolizing more than one million dollars.

Platform researchers Nansen They had previously reported that 13 main wallets extracted a total of USD $ 24.5 million when selling during Yzy’s initial peak, while another largest operators faced red numbers, including the controversial influencerAndrew Tate.

Hayden Davis among the beneficiaries

Among the beneficiaries, Hayden Davis, an advisor involved in the controversial Token Libra – promised by Argentine president Javier Milei at the beginning of the year and triggered a political scandal in that country for alleged irregularities.

According to Bubblemaps, Davis would have assured USD $ 12 million through “Sniping“, A technique that uses bots to acquire large amounts of tokens at the time of the launch. The researcher had previously identified the pseudonym merchant called” Naseem “, who used to earned USD $ 100 million with Donald Trump’s Token Trump, as the first Yzy investor.

Yzy deflates after the initial euphoria

Currently, Yzy market capitalization has fallen to USD $ 553 million, well below the initial figures that briefly reached USD $ 3,000 million, according to data from GMGN.AI. The liquidity is 25 million and has only 26,346 headlines, while the daily volume has been reduced to USD $ 1.6 million, reflecting the disinterests after the initial fever.

This case adds to a long list of Memecoins of celebrities that mainly benefit Insiderswhile most retail investors assume losses. Bublemaps has publicly criticized these practices, stating that “The same game manual is repeated: infiltrate large releases, enter early and extract millions“

“Last week he really presented the failures of our industry … despite our collective efforts as researchers, builders and communities – the same names continue to carry out the same scams“, wrote Bublemaps In an X post. “It is happening in full sight and nobody stops it”

Neither West nor his team have pronounced publicly or responded to requests for media comments on the matter.

Yzy price is 55 cents at the close of this edition, 82% below the maximum of USD $ 3.2 seen the first day.

Article written with the help of AI, edited by Diariobitcoin

Image generated with AI, under free use license

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.