Suspicious Betting on US-Iran Ceasefire on Polymarket, Four Wallets Net Approximately $663,000 in Profits - Lookonchain

2026/04/08 18:46 (Updated 2026/04/09 07:01)

CoinPost

Written by Enzo

Suspicious Betting on US-Iran Ceasefire on Polymarket, Four Wallets Net Approximately $663,000 in Profits - Lookonchain

Four Newly Created Wallets Purchase 'YES' at Extremely Low Odds

On December 8, the on-chain analysis account Lookonchain reported that four wallets on the prediction market platform Polymarket had collectively earned approximately $663,000 (about 100 million yen) by betting in advance on a US-Iran ceasefire. All positions were taken just before the ceasefire announcement, raising suspicions of insider trading.

Related...

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30

Interview Iolite FACE vol.19 Yuichiro Tamaki, Leader of the Democratic Party for the People PHOTO & INTERVIEW by Hasen Kuniyama Special Features: “Web3.0 The Impact Award 2026” “Global Money Loses Its Master” “The Current State of Robotics Technology” [Dialogue Series] The NISHI Talk: Crypto Conversations “The Changing Crypto Landscape, and the Unchanging Strategies of Traders” Kasou NISHI × European] Series: Tech and Future by Toshinao Sasaki, and more

MAGAZINE

Iolite Vol.19

May 2026 issueReleased on 2026/03/30