Analysis: Sotheby’s VP made over $1 million on BAN through internal wallet

Odaily News According to Lookonchain, Michael Bouhanna, Vice President of Sotheby's, bought many Meme coins but made almost no profit. After that, he used his wallet "5W7U...b3cV" to launch a Meme coin called BAN, and made more than $1 million on BAN with just one internal wallet. Bouhanna once publicly commented that "5W7U..."b3cV" was his address (the post has been deleted by him), which was the deployer of BAN, and the funds of "5W7U...b3cV" came from "EwVB...mD2", which traded a lot of Meme coins but made almost no profit. Although Bouhanna has destroyed all 37.36 million BAN in his wallet under pressure, analysis found that he bought BAN with an internal wallet and made more than $1 million in profit.