According to PolyBeats monitoring, on the prediction market Polymarket, two whales have placed a $7,500 bet on "Will the US and Iran reach a permanent peace agreement by July?", with the current probability of "Yes" at 40%.
Out of these two whales, the address 0xd46be610 has a win rate of 56% in the Iran market, with a total profit of $182,000; and the address 0x2bd25740 has a win rate of 44% in the Trump market, with a total profit of $567,000.
Reuters reported today that US officials said Trump is "unhappy" with Iran's latest end-of-war proposal because it attempts to postpone the nuclear issue until after the end of the war and the resolution of the Gulf shipping dispute, a move that would leave the US with "no way to win." However, Trump has reconvened in the White House Situation Room with his national security team to reconsider this proposal.
Following the US rejection of Iran's latest proposal, oil prices continued to rise, with Brent climbing to $108.68 per barrel and WTI rising to $96.96, while the Strait of Hormuz remains largely closed.
Note: Based on their past trading behavior, this trader is not necessarily betting on the actual outcome of the event but may engage in profit-taking and stop-loss actions at a certain point after opening a position.
Accounts:
0xd46be610a32e5c6ee094977e3caf9ab89c525dab
0x2bd2574062fb6d8556ddb1050955f43dd9d4c21b
Total Stake: $7.5k
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