Polymarket Sees Surge in Trading Amid Iran Airstrike

PANews posted on X (formerly Twitter). In the wake of an airstrike by Israel on Iran, traditional markets remained closed, but trading on Polymarket surged, reaching $89.6 million in a single day, with total trading volume exceeding $500 million. Those who accurately predicted the outcome earned $750,000, while those who bet against it lost $6.5 million in a day. Notably, six wallets made precise purchases hours before the airstrike, collectively profiting $1 million. This raises questions about whether this was a result of collective intelligence or insider trading.