Crypto Insiders Cashed In Before the Axiom Bombshell—$1.2 Million on Polymarket
8 of the prime 10 highest-earning addresses on Polymarket are reportedly linked to insiders who collectively profited over $1.2 million betting on ZachXBT’s Axiom insider buying and selling investigation.
The incident exposes how early entry to investigative findings can create uneven benefits on decentralized prediction platforms.
Why it issues:
- Insiders buying and selling on personal investigative findings distorts outcomes on open prediction markets, harming common bettors
- 52 addresses misplaced between $10,000–$100,000+, totaling over $1.6 million in losses, absorbing insider positive factors
- The incident raises regulatory questions on data asymmetry on decentralized finance (DeFi) platforms with no enforcement mechanism
The particulars:
- Lookonchain recognized 12 suspected insider wallets producing a mixed $1.02 million in revenue
- Address
0x1d9af60c679cd0b577c3c4ccb4b1a4be4174426d(predictorxyz) earned $411,600 buying and selling solely the Axiom market, per DefiOasis - Two extra insider addresses earned $354,000 and $144,000, every buying and selling a single market
- WuBlockchain confirmed 3,630+ whole addresses wager on the Axiom market, with 56.2% ending worthwhile
The huge image:
- Insider-driven prediction market manipulation mirrors front-running patterns seen in conventional securities markets
- The ZachXBT Axiom exposé revealed how on-chain transparency can concurrently expose and allow information-based exploitation
- Decentralized prediction markets lack enforceable insider buying and selling guidelines, leaving structural abuse unaddressed
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