Identity of the First YZY Buyer Revealed, Previously Profited Over $100 Million from TRUMP
On August 22, according to on-chain analysis by Bubblemaps, the first buyer of YZY was Naseem—a trader who invested $1.1 million in TRUMP earlier this year and ultimately made over $100 million in profit. YZY was deployed on-chain on August 17, with the first actual transaction taking place on August 21, when an address starting with AwY1V purchased $250,000 worth of YZY. Bubblemaps discovered a strong connection on-chain between the AwY1V address and wallets previously associated with Naseem, including addresses that had previously snapped up Libra and Trump tokens. Based on this evidence, there is reason to believe that the AwY1V address belongs to Naseem. So far, Naseem has cashed out $800,000 from the initial purchase, still holds $600,000 worth of YZY, and may have used other addresses for trading.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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