According to PolyBeats monitoring, in the prediction market Polymarket, in the past day, the geopolitical topic with an 80% win rate has seen $83.6k in address inflows on the event "The US Military Will Not Enter Iran Before April," with a cost probability of 71% and current probability at 73%.
Trump is pushing for the formation of an international alliance called the "Hormuz Coalition," with the goal of reopening the Strait of Hormuz, and hopes to announce it officially later this week; Gulf countries with US military bases have denied allowing their land or airspace to be used for military action against Iran, and in response to Iran's claims that the US military launched attacks from the UAE, the US Central Command has either denied or not responded to Iran's claims.
Iran continues to launch missile and drone attacks against Israel, US military bases, and Gulf energy facilities, with Dubai Airport briefly closing due to a drone hitting nearby fuel tanks; however, amidst this escalation, publicly disclosed US actions have focused on strait navigation, allied ship deployments, and peripheral suppression.
Note: Based on their past trading behavior, it is assessed that this trader is not betting on whether the event actually occurs, but may engage in profit-taking or stop-loss behavior at a certain point after opening a position.
Address: 0xa3ff29e34b23b468b4ff5dbba28ad9e56bcd540e
Position Size: $83.6k
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