The Digester

A cluster of 10 Polymarket accounts placed $160,000 on a US-Iran ceasefire that could yield $1.04 million, with one account that previously profited from bets on US strikes now holding large ceasefire positions, prompting new platform rules and proposed US legislation.

Ten linked accounts placed $160,000 on a US-Iran ceasefire that could pay out $1.04 million if the market resolves yes.
X user @itslirrato flagged the group for splitting stakes across wallets to stay under the radar.
Account NOTHINGEVERFRICKINGHAPPENS earlier placed $11,283 and $7,600 bets that paid out about $85,000 after US strikes on February 28.
That account now holds $16,582.45 on a ceasefire by March 31 and $24,265.52 on a ceasefire by April 15.
Senators Adam Schiff and John Curtis introduced the Prediction Markets are Gambling Act, which would ban sports betting on Polymarket and Kalshi.
Polymarket and Kalshi announced steps to police insider trading and Polymarket changed rules to bar users who can influence events from trading.

Polymarket cluster bets $160,000 on US-Iran ceasefire after earlier winning Iran war bets

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