The speculative frenzy around Kanye West’s meme coin, Yeezy Money (YZY), has claimed a high‑profile casualty. On‑chain data shows a single trader lost half a million dollars in under two hours after misjudging the token’s extreme volatility.
Whale Loss Unfolds in Minutes
Identified only by wallet address 6ZFnRH, the trader deployed 1.55 million USDC to buy 996,453 YZY at an average price of $1.56. As liquidity evaporated and sentiment turned, YZY’s price plunged below $1. The sell‑off at $1.06 netted just 1.05 million USDC, locking in a $500,000 loss in record time.
Speculators Keep Coming
Despite the crash, appetite for YZY hasn’t cooled. High‑profile trader Machi Big Brother revealed a 3× leveraged long position worth 570,000 YZY ($613,800), signalling belief in exploiting the volatility.
Kanye West’s Liquidity Play
JUST IN: Kanye West Launches YZY Meme Coin on Solana pic.twitter.com/UhFwB7QkiC
— MAGAgeddon (@MAGAgeddon) August 21, 2025
Kanye West himself has deepened the drama, injecting 30 million YZY (valued at $34 million) into the liquidity pool on Meteora. His automated range is set between $3.1716 and $4.4929, reports Finbold.com.
If price dips below the lower bound: West earns fees while gradually converting to USDC.
If price breaks above the upper bound: All holdings are sold, potentially realising $134 million.
With whales nursing losses, traders chasing leverage, and a celebrity actively shaping liquidity, YZY is under the spotlight. For now, the token trades below $1, raising questions about its sustainability and whether early investors can survive the turbulence.
