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A whale entered YZY at $1.56, exited at $1.06, and incurred a $500,000 loss in 2 hours.

By: theblockbeats.news|2025/08/21 05:31:34

BlockBeats News, August 21st, according to LookIntoChain monitoring, Whale address 6ZFnRH spent 1.55 million USDC to buy 996,453 YZY tokens at a price of $1.56, and then sold off at a price of $1.06. The whale lost $500,000 in less than 2 hours.

Insight: The LP set by YZY developers can result in traders facing an implicit fee rate of 4-5%, due to excessive slippageKanye West simultaneously posted a video releasing his own cryptocurrency on the domestic social platform Xiaohongshu, following a total of three previous posts.

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