Kanye West’s YZY token launch has left 105 traders with significant losses between $100,000 and $1 million each, totaling $26 million in combined losses at an average of $250,000 per wallet.

According to data shared by Bubblemaps analysis published on Aug. 27, 70,201 traders interacted with the token, resulting in 51,862 tanking losses.

West’s controversial token launch on Solana reached a market capitalization over $3 billion before collapsing by over 90% within hours.

Data reveals stark inequality in outcomes, with only 11 wallets (0.015%) generating profits exceeding $1 million each. These successful traders captured $18.9 million in combined gains.

The loss distribution shows that traders with larger positions bore the heaviest burden. Wallets losing between $10,000 and $100,000 totaled roughly $25.4 million, with 917 addresses sharing an average loss of $27,700.

An additional 4,244 traders lost between $1,000 and $10,000, with an average loss of $3,000, resulting in over $13 million.

At the extreme end, three traders each lost more than $1 million, resulting in a combined loss of $5.07 million.

Only 1% of wallets earned substantial profits

Of the 70,201 traders, only 18,333 achieved profitability, representing 26% of total participants.

Yet, nearly 86% of them generated profits of up to $1,000, totaling around $1.65 million, with an average profit of $105 for each trader in this cohort.

Less than 1% (642 wallets) of the traders generated profits exceeding $10,000 each, capturing a combined gain of $58.8 million, which represents nearly 88% of the total profits. Additionally, 88 traders earned between $100,000 and $1 million each, totaling $24.9 million.

Contributing to traders’ losses were structural disadvantages, including 94% insider-controlled initial supply and prohibitive fee structures.

The YZY pool operated with a 1% base fee that quickly adjusted to 2.68%; combined with slippage costs, this resulted in an estimated 10% round-trip trading cost for participants.

The YZY trading data serves as a stark reminder of memecoin market conditions, where substantial gains are transferred to only a small fraction of traders, who are often insiders or sophisticated token snipers.

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The earthquake occurred in Mandalay, Myanmar’s second largest city, causing destruction and infrastructure damage. The same was true in Thailand. People felt the trembling of Bangkok, leading to a considerable number of casualties. Authorities have sued international aid as thousands have been injured, with 1,700 deaths reported so far.

On March 28, 2025, Zhao announced a personal donation of 1000 .CWP-Coin-Chart SVG Pass {Stroke width: 0.65! Important; }

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is worth $630,000 to help support relief efforts in both affected countries.

The donations are evenly distributed, with 500 bnbs allocated to Myanmar and another 500 bnbs in Thailand. Zhao will use donated funds to support infrastructure redevelopment, medical assistance and emergency services. He commissioned Binance and Binance Thail to oversee the distribution of funds.

500 BNB will be donated to Myanmar and Thailand.

Is there a DID transparent on-chain donation system? If not, I will rely on you @binance and @binance_th_ Distribute.

– CZ bnb (@cz_binance) March 28, 2025

Zhao’s actions encourage others in the Crypto community to contribute to the ongoing relief efforts. For example, Anndy Lian, an intergovernmental blockchain advisor, has donated 44 BNB to organizations supporting Myanmar’s relief efforts.

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Binance Charity launches Airdrop initiative

Complementing Zhao’s personal donations, Binance Charity has launched an Airdrop initiative to donate up to $1.5 million in BNB to affected people in Myanmar and Thailand. Through this initiative, Binance Charity hopes to provide financial support to those affected through Conking Your Consumer (KYC) and the Proof of Address (POA) protocol.

Eligible users can expect BNB tokens to appear in the Rewards Hub by April 14, 2025. The amounts received by each individual are based on the status and location of the verification.

According to the breakdown of the distribution provided by Binance, all KYC-enhanced non-dormant binance users in Myanmar receive $5 in BNB, while users with both KYC and POA validation in affected regions receive $50 in BNB.

Depending on the devastating earthquake that struck Myanmar and the surrounding area, including Thailand, #binance The charity, supported by Binance co-founder CZ, will begin a joint donation to distribute $1.5 million in BNB token vouchers to users affected by the tragedy of Myanmar. pic.twitter.com/z7szfzrhrn

– Binance (@binance) March 31, 2025

Regarding Thailand, users who are verified with registered living addresses may receive $5 in BNB, but users will be verified at their hard hit zone address. By leveraging blockchain technology, this structured approach to decentralizing aid ensures that those who are most needy are released in a timely and secure way.

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The role of cryptocurrency in relief assistance

Cryptocurrencies are increasingly emerging as an essential tool for humanitarian assistance. Bank restrictions could delay traditional aid, but crypto donations are quick, transparent and bounded. This efficiency is essential for disaster scenarios where rapid and efficient deployment of aid can have a significant impact on recovery efforts.

Crypto has already introduced its potential during the Syrian Turkey (2023) and the Maui Wildfire (2023), and played a key role in quickly increasing funding and solidifying its position as a viable solution in emergencies.

To save children, Giving Block is a number of notable organizations that advocated blockchain donations to quickly and efficiently distribute financial assistance in disaster zones.

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Post-Vinance co-founder and Binance Charity, which will jointly deploy more than $1.5 million in aid to Myanmar and Thailand in the aftermath of the earthquake, first appeared in 99 Bitcoin.