YZY Liquidity Addition Method Similar to LIBRA, Multiple Insider Addresses Front-Running Buys
BlockBeats News, August 21st, Lookonchain posted on social media that although Kanye West officially announced the launch of YZY, currently only YZY has been added to the liquidity pool, not USDC. Developers can sell YZY by adding/removing liquidity, similar to LIBRA.
Multiple insider wallets prepared funds in advance and immediately bought YZY after the announcement. Insider wallet 6MNWV8 had early knowledge of the contract address and even attempted to purchase yesterday.
6MNWV8 spent 450,611 USDC to buy 1.29 million YZY at a price of $0.35 and sold 1.04 million YZY at a price of $1.39 million, leaving 249,907 YZY (approximately $600,000), with profits exceeding $1.5 million.
You may also like

How to Automate Your Workflow with AI (No Code Required)

Conversation with Pantera Founder: Bitcoin Has Reached Escape Velocity, Traditional Assets Are Being Left Behind

Is it still worth buying Circle on the callback?

BIT Launches Landmark "Same Name Virtual Account" Feature: Ushering in a New Era of OTC Trading that is Convenient, Efficient, and Compliant

Further Oracle Integration Reveals Polymarket's Ambitions

CoinGlass: 2026 Q1 Cryptocurrency Market Share Research Report

Tiger Research: Analysis of the Current Situation of Retail Investors in Nine Major Asian Markets

Forbes: Does quantum technology threaten the encryption industry? But it is more likely an opportunity

What Is Auto Earn? How To Claim Extra Free Crypto On Auto Earn 2026
What is Auto Earn and how do you use it? This guide explains how Auto Earn works and how balance increases and referrals may qualify for extra rewards during Auto Earn Boost Fest.

Auto Earn Compared 2026: Which Exchange Gives The Most Extra Bonus?
What is Auto Earn in crypto? Compare Kraken, OKX, Bybit, Binance, and WEEX Auto Earn features in 2026 and see which platforms provide additional promotional rewards beyond standard yield mechanisms.

Nearly $300M Targeting U.S. Midterm Elections, Tether Exec Leads Crypto Industry's Second-Largest Political Fund

Anthropic's Triple Moment: Code Leak, Government Standoff, and Weaponization

OpenAI and Anthropic both announced acquisitions on the same day, causing dual IPO anxiety.

Forbes: Quantum Technology Threatens the Crypto Industry? But It's More Likely an Opportunity

Rhythm X Zhihu Hong Kong Event Recruitment Skills, Register Now for a Chance to Showcase Live
CLARITY Act 2026 Update: Stablecoin Yield Ban, Senate Compromise, and What It Means for Crypto Markets
The CLARITY Act may reshape stablecoin yield rules, DeFi incentives, and crypto liquidity in 2026. Learn the latest Senate updates, timeline changes, and what the regulation could mean for crypto traders.

Bitcoin mining companies flee for the Nth time

