PANews March 1 News, according to Jin10 reports, analysis firm BubblemapsSA states that six accounts on the prediction platform Polymarket bet on the U.S. taking action against Iran before February 28, earning approximately $1 million in profit. These accounts were all newly created in February and only placed bets on the potential U.S. strike timing. Some of these shares were purchased just a few hours before reports of explosions in Tehran, with some bought at prices as low as a dime per share.
This betting pattern has raised suspicions of insider trading. Blockchain analysts pointed out that similar patterns have appeared in other suspected insider trading cases in prediction markets, such as a previous insider who made huge profits betting on the ousting of Venezuelan President Maduro in January.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
The probability of predicting "Bitcoin falling to $50,000 this year" on Polymarket has dropped back to 62%
BlockBeats News, March 1st, Polymarket's prediction that "Bitcoin will fall to $50,000 this year" has decreased to 62%. Additionally, the probability of BTC rising to $80,000 within the year is currently 72%, and the probability of rising to $90,000 is currently 47%.
GateNews1h ago
Kalshi refunds the prediction fee for "Supreme Leader Khamenei's death," promising not to let users incur losses.
CEO Tarek Mansour of Kalshi clarified on platform X that the company does not list betting markets based on death events and has implemented rules to prevent exploitation. Following the death of Khamenei, Kalshi assured full refunds for users, ensuring fairness and compliance.
TapChiBitcoin7h ago
Polymarket has multiple Iran-related contracts, with the Ayatollah Khamenei resignation contract attracting $45 million in trading volume.
ChainCatcher reports that, according to CoinDesk, since the United States and Israel launched attacks on Iran, there have been over a dozen Iran-related contracts on the prediction market Polymarket. The prediction market for the fall of Khamenei alone has attracted $45 million in trading volume.
The trader account with the highest trading volume is named “Curseaaaaaaa,” who profited $757,000 by betting “Yes.” Four other traders also achieved six-figure gains.
GateNews7h ago
Polymarket has pinned several prediction markets related to the US-Iran war.
Foresight News reports that Polymarket has pinned several prediction markets related to the US-Iran war, including when a ceasefire will occur and whether the Iranian regime will fall before the end of the year.
GateNews10h ago
Crypto Panic Surges Amid U.S.-Iran Tensions
Crypto markets plunged as U.S.-Iran tensions flared, leading to $1.8B in sell orders and $500M in liquidations, primarily in Bitcoin and Ethereum. Polymarket users profited from predicting strikes, showcasing the influence of geopolitical events on trader sentiment and market instability.
CryptoFrontNews12h ago
Betting on Polymarket that Khamenei will step down before March 31, probability soars to 93%
ChainCatcher reports that, according to Polymarket data, the probability of "Hamaney will step down as Iran's Supreme Leader before March 31" winning the market has surged sharply to 93% today, an increase of 85 percentage points from earlier, with the total market trading volume reaching $30.43 million.
GateNews15h ago
