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08/22 15:57

Controversial Influencer Andrew Tate Scores $16K P

Controversial Influencer Andrew Tate Scores $16K Profit From Shorting Kanye West’s YZY Coin

Kanye West’s YZY token rocketed to a $3b within minutes of launch before crashing to $100m, with over 94% of supply controlled by insiders.

Andrew Tate has pocketed a $16,000 profit after betting against Kanye West’s meme token YZY, even as the controversial cryptocurrency continues to unravel.

The former kickboxer and self-styled entrepreneur opened a three-times leveraged short on YZY at $0.8524, according to blockchain analytics firm Lookonchain. With the token now trading near $0.77, his position remains in the green.

But while the trade looks like a win, Tate’s broader track record in crypto markets is far less flattering. On Hyperliquid, a decentralized perpetuals exchange, he has made 80 trades to date.

Only 29 were profitable, giving him a win rate of just 36.25% and total losses of around $699,000, Lookonchain data shows.

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