"Andrew Tate Bets Against YZY as Insiders Profit and Liquidity Risks Loom"

Andrew Tate, a social media influencer with a massive global following, recently took a significant short position on YZY, a meme coin associated with rapper Kanye West. According to on-chain data monitored by ChainCatcher, Tate opened a $175,000 short at an entry price of $0.8523, with a liquidation price set at $1.0306. As of the latest data, this trade has yielded a floating profit of approximately $12,600, reflecting the volatile nature of the memecoin market [1].

YZY has experienced substantial price fluctuations since its launch. The coin initially surged nearly 6,800% from its issue price, reaching a brief peak of $3.16, before retreating sharply. As of the most recent reports, YZY is trading at around $1.21, down 54.37% from its all-time high of $2.58. The market capitalization of YZY is currently $353.85 million, with a circulating supply of 300 million tokens out of a max supply of 1 billion [2].

The token's initial launch has been marred by controversy, particularly concerning insider trading. On-chain data revealed that certain wallets had advance access to the contract address before the official launch. For instance, wallet 6MNWV8 was identified by analytics account Lookonchain as having prior knowledge of the contract address and attempted to purchase YZY before the launch. The wallet eventually acquired 1.29 million tokens for approximately $0.35 each and sold 1.04 million for 1.39 million USDC, generating a profit of more than $1.5 million [4].

Additionally, OnChain Lens identified another whale who invested 12,170 SOL (about $2.28 million) to acquire 2.67 million YZY. This position is currently valued at $8.29 million, representing an unrealized gain of around $6 million [4]. These examples underscore the speculative nature of the market and the potential for both rapid gains and losses.

The YZY token has also raised concerns due to its liquidity structure. Unlike traditional token launches, YZY was seeded into the liquidity pool with only YZY tokens, without pairing against USDC. This single-sided liquidity pool allows developers and large holders to manipulate liquidity to their advantage. Analysts have noted that this structure is similar to that of the controversial LIBRA token, which collapsed under scrutiny in Argentina [4]. Critics argue that such setups primarily benefit insiders while exposing retail investors to heightened risks.

The broader market for Solana-based memecoins, including YZY, remains highly speculative. Despite the recent volatility, the ecosystem continues to attract significant attention and trading volume. The 24-hour trading volume for YZY has reached $908.56 million, while the 7-day volume stands at $6.53 billion [2]. However, this activity has not translated into consistent price stability, with YZY falling below $0.8 USDT in recent reports, marking a 73% decline from its peak [2].

Andrew Tate’s short position in YZY highlights the growing influence of high-profile individuals in the cryptocurrency market. As memecoins continue to dominate market sentiment, the actions of such KOLs can have immediate and substantial effects on price movements. The case of YZY further demonstrates the complexities and risks associated with meme coins, particularly in terms of market fairness and transparency.

Source: [1] KOL Andrew Tate with millions of followers shorts YZY, ... (https://www.chaincatcher.com/en/article/2199301) [2] YZY MONEY Price, YZY Price, Live Charts, and Marketcap (https://www.coinbase.com/price/yzy) [3] A trader opened a 3x leveraged YZY short position, with ... (https://www.odaily.news/en/newsflash/444327) [4] Insiders Cash In Millions as Rapper Ye 'Apparently' Issues ... (https://www.coindesk.com/markets/2025/08/21/insiders-cash-in-millions-as-ye-formerly-kanye-west-apparently-issues-yzy-token)