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⛓️ Crypto🔴 BearishImportance 7/10

Fresh accounts netted $1 million on Polymarket hours before US airstrikes on Iran: Bubblemaps

The Block|Zack Abrams||8 views
🤖AI Summary

Fresh accounts on Polymarket made $1 million hours before U.S. airstrikes on Iran, raising questions about potential insider trading. Meanwhile, one trader who had previously profited $2 million betting against strikes lost $6.5 million in a single day when the attacks occurred.

Key Takeaways
  • New Polymarket accounts generated $1 million in profits just hours before U.S. military action against Iran.
  • The timing of these profitable trades suggests possible insider knowledge of the impending strikes.
  • One established trader lost $6.5 million in a single day when the strikes occurred, despite previously making $2 million betting against such action.
  • The incident highlights potential market manipulation concerns on prediction markets during geopolitical events.
  • Bubblemaps analysis revealed suspicious trading patterns that preceded the military action.
Read Original →via The Block
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