On the day the U.S. and Israel conducted joint strikes on Iran, Polymarket experienced a record daily trading volume of $478 million, with the politics category alone hitting $220 million, marking all-time highs. This surge in trading coincides with escalating tensions in the Middle East due to the strike, which has heightened interest in predictions related to geopolitical conflicts. Additionally, Bubblemaps reported that several insider-linked addresses profited approximately $1.2 million from bets made in response to this event, highlighting patterns of clustered wallets capitalizing on market responses to significant geopolitical developments.
Polymarket hits record $478M trading volume amid US-Israel strikes on Iran
