A whale has placed bets on Iran-related events on Polymarket, currently with an unrealized loss of over $650,000.
Foresight News reports that, according to Lookonchain monitoring, the whale Cinibengales created a new wallet on March 6 and withdrew 1.5 million USDC from a certain exchange to start betting on war-related events on Polymarket. This address placed large bets on events such as "Iranian regime collapse" and "US military entering Iran," and is currently experiencing a floating loss of over 650,000 USD.
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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