According to PolyBeats monitoring, on the prediction market Polymarket, one smart money account has invested $14.7k in the question "Will traffic in the Strait of Hormuz return to normal by May?" predicting "No," with the current probability of "Yes" at 29%.
Out of this 1 smart money, TheSpiritofUkraine has a 55% win rate in the macroeconomics category, with a total profit of $155k.
Iraq has reopened the Rabia border crossing with Syria to divert fuel exports through land routes, as "sea exports have slowed down due to the actual closure of the Strait of Hormuz."
This week marks the final deadline for the $4.22 US-Iran ceasefire, with Trump stating that if an agreement is not reached before the deadline, he "might not extend the ceasefire," and the US will have to "start dropping bombs again."
Note: Based on their past trading behavior, the trader is not necessarily betting on the actual outcome of the event, as they may engage in profit-taking or stop-loss activities after opening a position at a certain point in time.
Account:
0x0c0e270cf879583d6a0142fc817e05b768d0434e
Total Invested: $14.7k
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