✅$YZY incident where 103 billion won disappeared in just 6 minutes I have summarized the details of the largest meme coin loss incident in August organized by @bubblemaps in Korean. ✔️$YZY incident - Massive losses vs 11 wallets A staggering 51,800 wallets lost $74 million (about 103 billion won) Meanwhile, only 11 wallets made profits in the billions of won YZY plummeted nearly 70% right after its launch ✔️Who made money? At the center of this incident is Hayden Davis (alias Kelsier) - The day before the launch, wallets connected to him moved funds on CEX - The very next day, $YZY token launched - One minute after the launch was announced (1:54 AM UTC), buying began - Instantly made $12 million (about 16.8 billion won) in profit 📌Suspicious circumstances $57 million (about 80 billion won) was unlocked right after the $YZY launch A total of 14 sniper wallets were prepared → The profits they made combined amounted to $12 million (16.8 billion won) The more shocking thing is that this is not Hayden's first time. Similar sniping has been confirmed in past token launches like MELANIA and LIBRA. ✔️Conclusion Most investors → 103 billion won loss A few insiders → 16.8 billion won profit All happened in just 6 minutes These days, new tokens are often launched directly on Pumpfun or Solana. @bubblemaps is a representative crypto tool that traders use to understand tokenomics and check for insider trading. I have also quoted data analysis articles, so please refer to the quoted articles for more detailed information.