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Coinbase Executive: At Least 94% of YZY Tokens Held by Insiders

By: theblockbeats.news|2025/08/21 03:32:12

BlockBeats News, August 21st, Coinbase executive Conor Grogan stated on social media, "Based on my estimates, at least 94% of YZY tokens are held by insiders; 87% of the tokens are held by a single multisig wallet (now diversified into multiple wallets); over 3% of the tokens were acquired at market open by multiple (pre-prepared) wallets through a single large transaction; over 7% of the tokens are in a liquidity pool."

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