Analyst: Three wallets suspected of insider trading during the Infinex public sale

PANews reported on January 6 that analyst The Poly Nerd posted on X, stating that three wallets are suspected of insider trading during the Infinex public sale event. The sale initially progressed slowly due to strict KYC requirements and a $2,500 per-user cap, which posed significant obstacles. Most people on the Polymarket platform expected the sales volume to fall within the $2 million to $3 million range. However, the situation then reversed: the probability of reaching higher targets suddenly surged, with the probability for the $5 million tier jumping from about 20% to around 70%. At the same time, a large number of orders began to pour in for the $3 million, $5 million, and even $10 million targets. These three wallets were all newly created accounts opened one day prior; their betting proportions in the $5 million target pool were relatively similar, and all reduced their margin on higher targets to maximize profits.