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11 Suspected Insider Addresses Profit Nearly $2 Million from Successful Prediction of US-Iran Ceasefire Timing
On April 8, according to Polybeats statistics, at least 11 addresses profited from the ‘US-Iran Ceasefire’ prediction market on Polymarket by predicting the timing of the ceasefire. The address with the highest profit, 0xffa6b3…30fe, earned approximately $405,000, while 0xa4eb52…d010 made about $339,000. The total profit across all addresses reached $1,913,292.47. These trades were concentrated on multiple ceasefire deadlines expiring between March and April, with some early bets on a March ceasefire initially incurring losses. However, as the ceasefire expectations materialized in early April, later positions saw significant profits.