US-Israel Strikes on Iran Trigger $6.5 Million Wipeout on Polymarket
By:BeInCrypto
US and Israeli military strikes in Iran triggered a $6.5 million loss for one cryptocurrency prediction market trader. Meanwhile, the attacks generated hundreds of thousands of dollars in profit for others. Iran Bombing Fuels Six Figure gains and $6 Million Loss on Polymarket The financial fallout on the decentralized platform Polymarket underscores the rapid capital shifts tied to geopolitical betting. Blockchain analysis reveals that a single trader, operating under the pseudonym anoin123, suffered a total wipeout of more than $6.4 million. a user just lost $6.5M betting against US strikes on IRAN on Polymarkettoday Israel together with the US carried out strikes on Tehran and other Iranian citiestrader anoin123 faded the idea that Donald Trump would actually greenlight itthat decision ended up costing him pic.twitter.com/NPzHB80kxY izlam (@bckfv_eth) February 28, 2026 The trader had systematically placed massive wagers, fading the likelihood that President Donald Trump would authorize direct military intervention against the Islamic Republic. When munitions hit Tehran and other Iranian cities, those contracts became worthless. Conversely, the military escalation generated profits for a handful of persistent Polymarket users. A trader known as Vivaldi007, who began buying shares on February 8, anticipating a joint attack, realized a total profit of $385,000. Notably, the trader had absorbed losses on earlier contracts as previous target dates passed without incident before capitalizing on Saturdays strikes. Meanwhile, the most closely scrutinized transaction involves a cryptocurrency wallet dubbed Roeyha2026. According to the blockchain analytics platform Lookonchain, the wallet was funded 11 hours before the bombing campaign commenced. The anonymous user wagered $50,000 that a US strike on Iran would occur before March 1. Someone created a new wallet "Roeyha2026" 11 hours ago and spent $50K betting that the US would strike Iran by March 1, 2026.The wallet is now up $96.8K. Coincidence? pic.twitter.com/O1lNi3cT3h Lookonchain (@lookonchain) February 28, 2026 That position netted nearly $100,000, igniting debate among market analysts over the potential use of classified military intelligence for insider trading. These betting volumes arrive as federal regulatory agencies shift their approach to prediction markets. Over the past year, the Trump administration has fostered a pro-crypto environment
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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