The analytical company Bubblemaps has released a detailed report on the trading of the YZY meme coin, launched by the famous rapper Kanye West (Ye). According to the data, out of more than 70,000 investors in this crypto asset, a significant portion—74%—ended their trades with losses.
This is reported by Finway
Distribution of profits and losses among YZY traders
A total of 70,201 traders participated in the trading of the YZY meme coin. Of this number, 18,333 wallets made a profit, accounting for 26.11% of the total. Together, they earned $66.64 million. Meanwhile, 51,862 traders (73.89%) suffered cumulative losses of $74.84 million.
“This means that about 30% of the total profit generated from the YZY launch is attributed to just 11 wallets. The average profit/loss (PNL) for all traders stands at -$8.2 million.”
A detailed analysis shows that among those who made a profit, only 11 wallets managed to earn over $1 million (0.06% of all profitable participants). The majority—15,040 wallets (82.03%)—earned no more than $1,000, while another 2,541 (13.86%) earned between $1,000 and $10,000.
High profits and losses: who is in the black
Among the traders who lost money, three addresses recorded losses exceeding $1 million, while 5,269 recorded losses over $1,000, and 1,025 lost more than $10,000. Thus, nearly a third of all profits were concentrated in the hands of a few, while the vast majority of participants remained in the red.
The average financial result for traders (PNL) is -$8.2 million. Bubblemaps experts did not clarify whether unrealized profits and losses were included in the report, but noted a significant disparity in income distribution among investors.
It is worth reminding that Kanye West officially launched the YZY meme coin on August 21, 2025. The project immediately faced criticism due to suspicions of insider involvement. It later became known that Hayden Davis, co-founder of the controversial LIBRA project, made significant profits by buying tokens right after the announcement and selling them at the right time.