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βοΈ Cryptoπ΄ BearishImportance 7/10Actionable
Suspected insiders make over $1.2 million on Polymarket ahead of U.S. strike on Iran
π€AI Summary
Suspected insider traders profited over $1.2 million on Polymarket by betting on U.S. strikes against Iran before they occurred. The strikes subsequently caused Bitcoin prices to decline and oil futures on Hyperliquid to surge due to escalating regional tensions.
Key Takeaways
- βSuspected insiders made over $1.2 million on Polymarket by betting on U.S. strikes on Iran ahead of the events.
- βThe strikes led to Bitcoin's price falling as geopolitical tensions increased.
- βOil futures on Hyperliquid rose significantly following the regional conflict developments.
- βThe incident highlights potential insider trading issues on prediction markets.
- βGeopolitical events continue to drive volatility across crypto and commodities markets.
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#polymarket#insider-trading#bitcoin#oil-futures#hyperliquid#geopolitical#iran#prediction-markets#market-manipulation
Read Original βvia CoinDesk
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