Controversial Influencer Andrew Tate Scores $16K Profit From Shorting Kanye West’s YZY Coin
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.
Andrew Tate(@Cobratate) opened a 3x short on $YZY at $0.8524, now sitting on a profit of $16K.
But he doesn't seem to be good at perps trading.
So far, he's made 80 trades on #Hyperliquid — only 29 were profitable...