"The wallets definitely [look like] someone with some degree of inside info, said Ben Yorke, formerly a researcher with CoinTelegraph, now building an AI trading platform called Starchild."
"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, said Yorke."
Eight newly created accounts on Polymarket placed nearly $70,000 in bets on a potential US-Iran ceasefire, with a possible payout of $820,000. These accounts emerged around the time of President Trump's conflicting statements on military operations. Experts suggest the betting patterns indicate insider knowledge, as the accounts may belong to a single investor attempting to hide their identity. Polymarket's probability rating for a ceasefire increased from 6% to 24% recently, with over $21 million wagered on this outcome.
Read at www.theguardian.com
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