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

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.

• →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.