The post Polymarket U.S.–Iran Strike Bets Fuel Insider Trading Speculation as Crypto Traders Net $1.2M appeared on BitcoinEthereumNews.com.

Following the U.S.–Iran strike today, there have been speculations about insider trading bets that may have occurred on the prediction market Polymarket. This came as six crypto traders notably made profits of just over $1 million betting that the U.S. would strike Iran today.  U.S.-Iran Strike Bets Lead to Insider Trading Speculations Some crypto traders on Polymarket had placed bets on a possible U.S.–Iran strike. Multiple newly created wallets placed large “YES” bets on whether the U.S. would strike Iran by February 28. Notably, these wallets received funding within 24 hours of placing trades. As per data compiled by Bubblemaps on the Polymarket bets, six suspected insiders generated $1.2 million in profits from the U.S.–Iran strike outcome. Most wallets targeted the February 28 market and bought shares hours before military action began. The pattern showed precise timing tied to Operation Epic Fury or Operation Shield of Judah. One three-day-old wallet turned a $60,000 bet at 10.8 cents into between $493,000 and $560,000. That trade reflected an 821% return on investment within days. The scale and timing intensified speculation about insider knowledge. The tension followed a joint U.S. and Israeli military operation on Saturday. President Donald Trump described the action as a large-scale effort to destroy Iran’s military capabilities. He said the objective was to eliminate the threat of Iran developing a nuclear weapon. Trump stated the U.S. would destroy Iran’s missiles and neutralize its navy. He also pledged to prevent proxy groups from attacking American forces and destabilizing the region. “We will ensure that Iran does not obtain a nuclear weapon,” he said. Traders See Gains and Others Suffer Losses However, not all traders benefited from the outcome. According to Lookonchain data, a user named anoin123 had built over $2 million in profit over two months. He consistently bet that…

---

Filed under: News - @ February 28, 2026 6:21 pm