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

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

CointimeCointime2024/10/27 07:11
By:Cointime

Michael Bouhanna, the Vice President of Sotheby's, purchased a lot of Meme coins but made almost no profit. Later, he launched a Meme coin called BAN using his own wallet "5W7U...b3cV" and made a profit of over 1 million US dollars with just one internal wallet on BAN. Bouhanna publicly commented that "5W7U...b3cV" was his address (the post has been deleted), and that the funds in "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 due to pressure, analysis shows that he purchased BAN with an internal wallet and made a profit of over 1 million US dollars.

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