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ZachXBT: PolyArb for Fake Prediction Market Product with Wallet Swapper

BlockBeats News, May 4th, on-chain sleuth ZachXBT stated that PolyArb is a deceptive prediction market product with a website containing a wallet swapper.

Furthermore, the product's account engaged in controversial replies under various well-known prediction market tweets to generate traffic and attract user participation.

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On-Chain Activity

58min ago

An whale deposited 6,200 ETH into Binance, worth approximately $14.54 million.

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The user has tripled their long position in TST at a new address, with the current position worth $2.05 million.

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A certain newly created address has deposited $1 million into Hyperliquid to 10x long WTI crude oil

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An whale deposited 6,200 ETH into Binance, worth approximately $14.54 million.

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