Data: Sotheby's Vice President Suspected of Making Over $1 Million Profit on BAN Through Internal Wallet
ChainCatcher news, according to Lookonchain monitoring, Sotheby's vice president Michael Bouhanna purchased many Meme coins but made almost no profit. Afterwards, he launched a Meme coin called BAN using his wallet "5W7U...b3cV," making over 1 million dollars in profit with just one internal wallet on BAN.Bouhanna had publicly commented that "5W7U...b3cV" is his address (the post has since been deleted), and this address is the deployer of BAN. The funds in "5W7U...b3cV" came from "EwVB...mD2," which traded a lot of Meme coins but made almost no profit.Although Bouhanna has been pressured to destroy all 37.36 million BAN in his wallet, analysis shows that he purchased BAN with an internal wallet and made a profit of over 1 million dollars."3wj7...yBoG" also received funds from "EwVB...mD2," which may belong to Bouhanna.Overall, he spent only 10.2 SOL (1,795 dollars) to buy 36.27 million BAN and sold 18.13 million of them for 137,600 dollars, leaving him with 18.13 million BAN (worth 900,000 dollars).