ZachXBT’s Mysterious Post Sparks $2 Million Polymarket Bets
A cryptic publish from blockchain investigator ZachXBT triggered a surge of betting exercise on Polymarket, with greater than $2.2 million traded on a market asking which crypto firm he’ll expose in an upcoming insider-trading investigation.
ZachXBT wrote on X {that a} “main investigation” will likely be launched on February 26 into one in every of crypto’s most worthwhile companies, alleging insider buying and selling. He didn’t title the corporate.
Within hours, merchants piled into prediction bets. Polymarket exhibits Meteora main the chances, adopted by MEXC, Pump.enjoyable, and World Liberty Financial (WLFI).
Why Polymarket Traders are Betting on Meteora and MEXC
Meteora has drawn heavy consideration due to its function as a Solana-based buying and selling infrastructure tied to high-volume meme coin liquidity.
It has additionally confronted scrutiny in neighborhood discussions round politically linked meme coin exercise, together with Trump-related tokens.
MEXC appears on the list because it has repeatedly been talked about in social media debates round itemizing habits, whale exercise, and alleged insider-style buying and selling patterns in meme coin markets.
That doesn’t show wrongdoing, however it helps clarify why bettors shortly priced it as a candidate.
Pump.enjoyable and Whale Scrutiny Keep It within the Frame
Pump.enjoyable additionally drew bets as a result of it sits on the middle of the meme coin launch financial system.
The platform has been below intense neighborhood scrutiny over early-wallet exercise, sniping, and whether or not some individuals gained unfair benefits throughout launches.
Separately, latest on-line dialogue has targeted on claims that Hayden Davis may have been an early whale within the PUMP token launch.
However, Pump.Fun later refuted these claims, calling them baseless.
Those claims stay a part of broader market hypothesis except backed by direct proof or formal findings.
World Liberty Financial Added after USD1 Depeg Scare
WLFI possible entered the betting dialog after USD1 briefly depegged earlier on February 23 earlier than recovering.
WLFI blamed a coordinated assault, saying hackers compromised cofounder accounts, unfold concern, and opened brief positions.
That episode, plus recent rumor cycles round WLFI and politically linked crypto tasks, seems to have pushed the corporate onto merchants’ radar.
For now, the Polymarket market displays sentiment and hypothesis, not affirmation of ZachXBT’s goal.
The publish ZachXBT’s Mysterious Post Sparks $2 Million Polymarket Bets appeared first on BeInCrypto.
