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Crypto Traders Bet on US-Iran Conflict as Polymarket Launches Strike Contracts

Crypto Traders Bet on US-Iran Conflict as Polymarket Launches Strike Contracts

Author:

Global Cryptocurrency

Published:

2026-01-08 10:27:01

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BTCCSquare news:

Four anonymous crypto wallets wagered nearly $18,000 on Polymarket contracts predicting US military strikes against Iran by January 31. The bets came as implied odds hovered below 18%, with positions ranging from $1,167 to $9,933. Lookonchain data reveals these wallets had no prior trading activity, fueling speculation of insider positioning.

Market probability briefly spiked to 18% during Tehran protests before settling at 16%. The contracts follow Polymarket's recent success with Venezuela-related predictions, where one trader turned $96 into $400,000 by anticipating Nicolás Maduro's capture hours before the operation.

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