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Coinbase executive: It is estimated that at least 94% of YZY tokens are held by insiders

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2025-08-21 02:53:12
"My estimate is that at least 94 per cent of YZY tokens are held by insiders; 87 per cent are held by single multi-signature wallets (now spread across multiple wallets); over 3 per cent were bought by multiple [prepared] wallets in a single large transaction when the market opened; and over 7 per cent are in liquidity pools," said Conor Grogan, head of Coinbase, in a social media post.
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