A new address placed a $121,000 bet on multiple popular "NO" options in ZachXBT's exposed odds.

According to PolyBeats monitoring, a new account on the prediction market Polymarket placed a $120.6k bet on NO for all eight popular options in the market "Which cryptocurrency company will ZachXBT insider trade?," exceeding $20k holdings from Wintermute, Pump.fun, Axiom, Meteora.

During market congestion due to emotions, simultaneous NO bets on multiple popular branches generally indicate traders believe the market sentiment is overheated, the YES sentiment premium is too high, underestimating the probability of underdog branches/new branches, especially when existing accounts boost the Meteora branch's probability with little liquidity, particularly when Hyperliquid heavily shorts its token MET, exacerbating the YES premium in this market.

Account: 0x4268978b9f58cf6e916d9878aa990cc515b70169

Position: $120.6k
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