A wallet that profited from the TRUMP and LIBRA memecoins was also among the first to buy Ye’s YZY memecoin. The first major YZY purchase occurred on launch day, with a wallet acquiring $250,000. On-chain analysis has linked this wallet to addresses involved in sniping TRUMP, LIBRA, and HAWK launches. Analysts question whether this is due to skill or insider knowledge.
Title: On-Chain Analysis Links YZY Sniper Wallet to TRUMP and LIBRA Profits
July 02, 2025
Blockchain analytics firm Bubblemaps has revealed that at least one investor who profited from the TRUMP and LIBRA memecoins was also among the first to buy Ye’s YZY memecoin. The first major YZY purchase occurred on launch day, with a wallet (AwY1V) acquiring $250,000 worth of the token. On-chain analysis shows strong links between this wallet and addresses involved in previous major memecoin launches, including LIBRA, TRUMP, and HAWK [2].
The YZY token launched on Solana and briefly surged to an implied market capitalization near $3 billion within the first hour before retracing to about $1.05 billion. At reporting, YZY traded near $1, down roughly 60% from its intraday peak [3]. The wallet, identified as AwY1V, sold part of the initial $250,000 investment for $800,000, while still holding approximately $600,000 worth of YZY memecoin, according to Bubblemaps [2].
The on-chain analysis suggests that the owner of AwY1V, reported to be someone named Naseem, likely used other addresses to further maximize profits. This raises questions about whether Naseem’s success is due to skill or insider knowledge. Analysts at Bubblemaps are questioning how he has repeatedly appeared at the forefront of all these high-profile memecoin launches, including TRUMP, HAWK, LIBRA, and now YZY [2].
The YZY token launch has sparked controversy, with allegations of insider trading and liquidity control raising red flags. The launch has drawn comparisons to the TRUMP and LIBRA token launches, which also saw rapid surges followed by significant drops [3]. The rapid surge in YZY’s market capitalization to $3 billion within 40 minutes of launch, followed by a sharp decline, has raised suspicions of insider trading and coordinated market manipulation.
On-chain sleuths have linked the YZY sniper wallet to LIBRA extraction, suggesting coordinated or repeat exploitation of launch mechanics. Industry analytics firms Nansen and Cyvers corroborate the overlap while noting attribution limits. Projects should adopt guarded launch practices and continuous monitoring to protect retail participants [1].
References
[1] https://en.coinotag.com/onchain-analysis-suggests-yzy-sniper-wallets-may-be-linked-to-libra-allegedly-extracting-23m/
[2] https://crypto.news/yzy-memecoin-sniped-by-same-wallet-as-trump-and-libra-onchain-analysis-shows/
[3] https://economictimes.indiatimes.com/news/international/us/kanye-wests-yzy-token-hits-3b-within-minutes-of-launch-then-crashes-amid-insider-trading-fears/articleshow/123450297.cms
