On January 4th, according to Lookonchain monitoring, a few hours before Maduro’s arrest, three insider wallets on Polymarket bet on the resignation of Venezuelan President Maduro, totaling a profit of $630,484. These three wallets were created and funded days in advance. Then, just a few hours before Maduro’s arrest, they suddenly placed large bets on Maduro stepping down. Notably, these three wallets only bet on events related to Venezuela and Maduro, with no other betting records, making them a typical case of insider trading. · Wallet 0x31a5 invested $34,000, with a profit of $409,900; · Wallet 0xa72D invested $5,800, with a profit of $75,000; · Wallet SBet365 invested $25,000, with a profit of $145,600.
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Three insider wallets on Polymarket bet on Maduro's downfall, profiting over $630,000
On January 4th, according to Lookonchain monitoring, a few hours before Maduro’s arrest, three insider wallets on Polymarket bet on the resignation of Venezuelan President Maduro, totaling a profit of $630,484. These three wallets were created and funded days in advance. Then, just a few hours before Maduro’s arrest, they suddenly placed large bets on Maduro stepping down. Notably, these three wallets only bet on events related to Venezuela and Maduro, with no other betting records, making them a typical case of insider trading. · Wallet 0x31a5 invested $34,000, with a profit of $409,900; · Wallet 0xa72D invested $5,800, with a profit of $75,000; · Wallet SBet365 invested $25,000, with a profit of $145,600.