Fresh Polymarket Wallets Cash In on Iran Ceasefire Bets

1 min read
Source: The Guardian
Fresh Polymarket Wallets Cash In on Iran Ceasefire Bets
Photo: The Guardian
TL;DR

An analysis of blockchain data shows about 50 newly created Polymarket wallets placed large yes bets ahead of a US–Iran ceasefire announcement, earning some traders hundreds of thousands of dollars even as the contract remained disputed; the pattern echoes earlier profitable bursts around political events and fuels ongoing debates about insider information and the need for regulation in prediction markets.

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