Bubblemaps Reports $1 Million Profit from Newly Created Polymarket Accounts Ahead of U.S. Iran Strikes

Bubblemaps Reports $1 Million Profit from Newly Created Polymarket Accounts Ahead of U.S. Iran Strikes

Blockchain analysis firm Bubblemaps reveals six Polymarket accounts made $1.2 million by betting on U.S. airstrikes on Iran, raising concerns of insider trading.

Fact Check
Multiple independent and authoritative crypto and financial news outlets, including Coindesk, The Block, Bloomberg, and Calcalistech, directly attribute to Bubblemaps a report identifying several newly created Polymarket wallets that collectively earned about $1–1.2 million in profit just before U.S. strikes on Iran. These reports cite Bubblemaps’ own public post on X as the origin, suggesting a clear and direct primary source from the analytics firm itself. While there are slight variations in the reported profit figure ($1 million vs. $1.2 million), the core factual claim—that Bubblemaps reported roughly $1 million in profit derived from newly created Polymarket accounts prior to the strikes—is consistently supported. The absence of any reputable contradictory evidence and the consistency across several high-authority sources make the statement highly credible. Therefore, the statement is judged as likely true with high confidence.
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Summary

Bubblemaps reports that six newly created Polymarket accounts earned around $1.2 million by placing bets on a U.S. strike on Iran just hours before the event occurred. The unusual trading activity has led to speculation regarding insider trading. The total trading volume on Polymarket during this period exceeded ¥82.5 billion.

Terms & Concepts
  • Prediction market: A platform for trading contracts tied to real-world event outcomes, allowing price-based crowd forecasts.
  • On-chain analytics: The analysis of blockchain transaction data to trace flows, clusters, and behavioral patterns.
  • Wallet address: A unique blockchain identifier used to send, receive, and hold digital assets.