Deep Tide TechFlow News, October 27, according to Lookonchain monitoring, Sotheby's Vice President Michael Bouhanna seems to have used an internal wallet to purchase BAN tokens and made a profit. Investigations show that the BAN token deployment wallet starting with '5W7U' has a direct connection to Bouhanna, a relationship that he confirmed on social media but later deleted.
Although Bouhanna destroyed his holding of 37.36 million BAN tokens under community pressure, significant profit operations were completed through another suspected related address '3wj7'. This address only invested 10.2 SOL (about $1795) to purchase 36.27 million BAN tokens, having sold 18.13 million for a profit of $137,600, with the remaining 18.13 million BAN currently valued at approximately $900,000, totaling profits exceeding $1 million.
Additionally, according to on-chain data analysis, before operating with BAN tokens, the related wallet address had previously traded other Meme tokens multiple times but did not achieve significant gains. On October 22 alone, the associated wallet traded more than 10 types of Meme tokens on the Pump.fun platform.
