Polymarket Trader Turns About $13,000 Into Roughly $475,000 on Ceasefire Bet

Fresh reporting says three new wallets with zero transaction history collectively made about $480,000 from bets on a Polymarket market framed around a U.S.-Iran ceasefire by April 7. The update adds another version of the ceasefire-bet story and continues a broader pattern described in earlier reports linking newly funded wallets and unusually well-timed geopolitical trades on the crypto-based prediction platform. Existing coverage has cited profits ranging from about $475,000 to roughly $663,000 or $600,000, depending on the report, and has variously described the market as tied to U.S.-Iran or Iran-Israel ceasefire-related outcomes. No official investigation or confirmed finding of insider trading is identified in the available material.

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