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Market Predictors Who Profited From War Now Betting Against Netanyahu
Accounts that profited from betting on security events on Polymarket are now betting against Prime Minister Benjamin Netanyahu, according to a new study. One account earned $1.2 million on a US-Iran deal and is now betting against Netanyahu.
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What happened
- 01Accounts that profited from security event bets on Polymarket are now betting against PM Netanyahu.
- 02One account, 'wan123', earned $1.2 million on a US-Iran deal and is betting against Netanyahu.
- 03Researchers observed attempts to manipulate Polymarket's prediction market.
- 04Small transactions on Polymarket can significantly alter prediction outcomes.
- 05Successful betting accounts are now wagering on Israeli election results.
Researchers noted attempts to manipulate the market, where small bets can have a large impact. Several successful betting accounts are shifting funds to wager on Israeli election results.
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