Kanye West's YZY token faces 120.83M token unlock tomorrow, with the asset down 89.9% from ATH.
Ecosystem ·
YZY, the token associated with Kanye West, faces a major unlock event on August 16, with 120.83M tokens—equivalent to roughly $35.26M and 12.08% of the 1B total supply—becoming available. According to onchain data, the token has experienced a significant decline, trading 89.9% below its all-time high of $2.95.
The unlock is part of a broader vesting schedule that extends through July 2027, with additional monthly releases totaling approximately $8.51M over that period. This multi-year distribution pattern means sustained selling pressure remains likely for the foreseeable future.
What remains unclear is the identity and potential behavior of token holders facing these unlocks—whether they are early investors, team members, or other stakeholders—and whether the market has already priced in expectations for the August 16 event or if execution could trigger further declines.