RE: Missiles24 Mar 2026 10:42
Noise or insider trading?
"Online betting about the prospect of a ceasefire between the US and Iran has reportedly been taking place with "some degree of inside info".
An expert told The Guardian that bets worth $70,000 (£52,000) had been placed within Polymarket, an online prediction market that allows users to trade on the outcomes of real-world events.
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They stand to make nearly $820,000 (£612,470) if a deal is reached before 31 March, according to crypto analyst Ben Yorke, formerly a researcher with CoinTelegraph.
He believes the eight newly created, anonymous accounts which made the bets are owned by the same person.
"Typically, when you see wallet-splitting and deliberate attempts to obfuscate identity, it's one of two scenarios: either a very large investor trying to shield their position from market impact, or insider trading," Yorke told the newspaper."