Prediction Market Traders Capitalize on Geopolitical Events Through Crypto Platforms
Speculators on prediction markets have turned geopolitical volatility into profit, leveraging cryptocurrency platforms to place informed bets. One trader reportedly netted $80,000 overnight using Polymarket by correlating U.S. military movements with market positions. The individual tracked the repositioning of American aircraft carriers and deployed a bot monitoring Pentagon-linked Domino's pizza orders—a known proxy for late-night government activity.
When unusual patterns emerged, the trader swiftly bought shares in Polymarket's "Will the US strike Venezuela" contract. Hours later, former President Donald TRUMP confirmed the operation on Truth Social, announcing the capture of Venezuelan leader Nicolás Maduro. By then, the market had already priced in the outcome.