Experts from Bubblemaps have released a detailed report on the trading of the YZY memecoin, created by the famous American rapper Kanye West (Ye). According to the study, out of more than 70,000 investors in this digital asset, 74% suffered financial losses.
This is reported by Business • Media
Details of Profit and Loss Distribution Among YZY Traders
The YZY memecoin was officially launched on August 21, 2025, although rumors about its emergence circulated several months prior to the release. The new project immediately sparked a wave of criticism within the cryptocurrency community, as suspicions arose regarding insider involvement in the distribution of tokens.
According to the Bubblemaps report, a total of 70,201 traders participated in YZY trading. Of these, 18,333 participants (26.11%) made a total profit of $66.64 million, while 51,862 traders (73.89%) lost $74.84 million.
“From the first category, only 11 wallets earned over $1 million. 15,040 earned up to $1,000, and 2,541 earned between $1,000 and $10,000. This represents 0.06%, 82.03%, and 13.86% respectively of the total number of profitable wallets.”
A significant portion of the profits was concentrated in the hands of a few: among those who made a profit, only 11 wallets managed to earn over $1 million. The remaining profitable addresses mostly recorded small gains: 15,040 wallets earned up to $1,000, while 2,541 wallets earned between $1,000 and $10,000.
Uneven Income Distribution and Celebrity Involvement
At the same time, according to Bubblemaps, three addresses lost over $1 million, 5,269 lost more than $1,000, and 1,025 lost over $10,000. Thus, about 30% of the total profit generated since the launch of YZY is attributed to just 11 wallets. The average profit/loss (PNL) figure for all traders stands at a negative value – minus $8.2 million.
It is also noted that the co-founder of the LIBRA project, Hayden Davis, managed to make a profit by quickly buying up YZY coins immediately after the announcement and selling them at a profit.
When asked whether unrealized profits and losses were accounted for in the report, representatives of Bubblemaps did not provide a response. However, the data published indicates a significant imbalance in income distribution among YZY memecoin holders.