The YZY liquidity addition method is similar to LIBRA, with multiple insider addresses rushing to buy

ChainCatcher message, 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, with no 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 was made. The insider wallet 6MNWV8 knew the contract address in advance and even attempted to purchase yesterday.

Today, 6MNWV8 spent 450,611 USDC to buy 1.29 million YZY at a price of $0.35, and sold 1.04 million YZY for $1.39 million, leaving 249,907 YZY (approximately $600,000), with a profit exceeding $1.5 million.