According to PolyBeats monitoring, in the prediction market Polymarket, a smart money has placed a $5,000 bet on "Will Russia and Ukraine reach a ceasefire agreement by December 31, 2026?" with an average buying probability of 50.0%. The current probability for "Yes" is 51.5%.
0x8c57f67a has invested $5,000, with the top-performing category in this market being Geopolitics, with a net profit of $41,900. Out of 117 settled trades in this category, the win rate is 98/117 (84%), with 35 trades meeting the criteria of buy price below $0.8 and sell price above $0.95. Within a similar cost range ($0.501-$0.55), the median historical investment for this trader is $165, making this current investment 30.3 times the median.
On June 4, Zelensky published an open letter to Putin, proposing a direct meeting in a neutral third country and stating Ukraine's support for a full ceasefire during negotiations, with the U.S. able to monitor the ceasefire line. Trump later remarked that a meeting between Putin and Zelensky would be a good thing, emphasizing the need for compromise by both parties.
However, Russia's stance still carries significant conditions. Putin stated on the same day that Russian forces continue to advance daily, claiming full control of Luhansk, over 85% control of Donetsk, and around 80% control of Zaporizhzhia. He also mentioned that if Ukraine accepts the "compromises" discussed in last year's Anchorage talks, the conflict could be resolved through diplomatic means. Reuters analysis suggests that this points to Moscow's demand for Ukraine to cede the remaining Donbass areas still under Kyiv's control, a core red line that Ukraine has found difficult to accept.
It is important to note that a "ceasefire agreement" only requires mutual consent from Russia and Ukraine to suspend direct military engagement, to be announced officially by both countries. In contrast, a "peace agreement" requires both Ukraine and Russia to be parties and either end hostile actions/establish a ceasefire or commit to a principled, phased, or scheduled process to end the war.
Note: Based on their trading history, this trader is not necessarily betting on the actual outcome of the event, as they exhibit behavior of taking profit or stop-loss at a certain point after opening a position.
Account:
0x8c57f67ac7cc69a4cf96be5747cb2ed63dc9f939.
