Story perspectives
US-Israel Strikes Ignite $1M Betting Frenzy on Blockchain
3/1/2026
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Story summary
- US and Israeli bombs targeted Iran this weekend, sparking $529 million traded on Polymarket strike-timing contracts.
- Blockchain analysts identified six newly created accounts that profited around $1 million by betting on United States strikes by February 28.
- These accounts had only placed bets on potential strike dates.
- Notably, some shares were bought at about ten cents each just hours before the explosions in Tehran.
