According to PolyBeats monitoring, in the prediction market Polymarket, over the past six hours, an address with an 88% win rate in the Middle East category has been consistently increasing its position on "US Iran Ceasefire in April," with a total bet of $11,400, an average entry price of 50.4¢, and a current price of 51.5¢.
Trump continues to publicly say that this war will end "very soon" and has stated that the war is already "very complete, pretty much." A U.S. official familiar with the Pentagon's estimates said that the ammunition used in just the first two days of the war has already cost $5.6 billion, and this estimate was submitted to Congress this week.
The price of crude oil fell after Trump said the war would end "very soon," but the gasoline price did not sync back to pre-war levels. Some analysts have said that as long as the security risk in the Strait of Hormuz remains, fuel prices will remain high.
Note: Based on their past trading behavior, it is believed that this trader is not betting on the actual outcome of the event but may engage in profit-taking or stop-loss at a certain point after opening a position.
Account:
0x2974bd0059e48f215c391882976e0f1b4c8c9c23.
