Polymarket sees $3M in bets over ZachXBT’s insider trading reveal

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A recent post by ZachXBT has sparked a noise on Polymarket, with bettors staking nearly $3 million on which company will be exposed. The on-chain investigator stated on X that on Feb 26, the investigation will be held to find out multiple employees who were involved in insider trading activity.

The announcement actively triggered Polymarket, leading to the creation of a contract where users bet on which crypto firm it will be. Traders have already wagered nearly $3 million to guess. While ZachXBT hasn’t revealed any names yet, the high stakes on Polymarket show that investors are treating these prediction odds as a real-time map of where the industry’s biggest scandals might be hiding.

Meteora as the top suspect

According to the latest betting data, the Solana-based platform Meteora is the primary target of speculation, with bettors giving it a 44% chance of being the company mentioned in the report. Meteora, the well-known protocol of the Solana ecosystem, helps manage the money flow for popular meme coins.

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The massive profits and fast-moving trades, many speculators believe, fit the description of a “highly profitable business” mentioned in the post

Just behind is Pump.fun with 12% of the market, a platform famous for launching thousands of memecoins. Even World Liberty Financial (WLFI), a project with political ties, has seen its odds move high. These numbers change every hour as traders hunt for clues in ZachXBT’s past investigations or watch for unusual price drops in specific tokens.

Why the crypto market is paying attention

The reason this matters, and why so much money is being bet, is that ZachXBT has a near-perfect track record. His investigations aren’t just rumors; they are usually backed by complex digital evidence that has led to $2 billion in frozen funds and even police arrests in the past. If he names a company, it often leads to immediate legal trouble and a crash in that company’s token price.

Bottom Line

This situation has created a strange loop, people are now using a betting market to try to profit from an investigation into people who used secret info to profit. While these bets are based on "crowd hunches" rather than confirmed facts, they highlight a major issue in crypto today, the hunt for who has an unfair advantage. All eyes are now on February 26 to see if the crowd guessed correctly or if ZachXBT has a surprise in store.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency investments are subject to high market risk. Readers should conduct their own research or consult with a financial advisor before making any investment decisions. The views expressed here do not necessarily reflect those of the publisher.

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