Whale Make $6M Profit on Kanye West YZY Token Launch for Solana
One big whale investor buy 2.67 million YZY tokens for Solana network with 12,170 SOL (around $2.28 million) shortly after Kanye West launch YZY token. According to Onchain Lens data, this whale move all the YZY tokens to new wallet, and now the value don reach $8.29 million, making $6 million profit. The YZY liquidity pool get only YZY tokens no USDC pairs, so developers fit adjust token depth to make trading easier. This quick gain show strong early demand for YZY and how whale movement dey affect short-term token performance. Traders suppose dey watch liquidity changes and whale movements as signs for YZY market momentum.
Bullish
Di whale wen get $6 million profit from YZY tokens mean say demand strong wella and market interest for Kanye West new token for Solana dey strong. High-profile whale profit dey usually attract momentum traders plus retail investors, e dey cause increase for trading volume and price go up for short time. The unique liquidity pool setup wey no get USDC pair, e give developers flexibly but e increase risk for volatility. If dem fit manage liquidity adjustment well well, YZY fit keep the upward momentum. History show say for early memecoin launch, big whale activity dey push speculative rallies, e show say the outlook good if demand still dey.