Suspected ‘Tainted’ Address Sparks Escalation, Polymarket Trader Longs $13 Million Crude Oil

BlockBeats News, July 30th, according to Hyperinsight monitoring, Polymarket trader 'xm39' conducted a $803 trial position yesterday on the 'United States will invade Iran by 2027' Yes share. Starting this morning, within about 6 hours, the trader completed 223 consecutive buy orders. Among his 42 historical positions, 50 closed trades, and the recent 500 activities, this is his first significant bet on war and macro geopolitical events.

As of press time, he currently holds a total of 807,000 Yes shares, with a position cost of approximately $223,000, an average price of $0.2763, and an unrealized loss of about -4.12%.

According to monitoring, the external wallet highly associated with 'xm39' starts with 0x40f and is a Hyperliquid trading address, currently the largest long position in WTI crude oil on the platform. This address also appears to be continuously betting on the oil market under the escalation of war at Hyperliquid, marking the first time in nearly a year that the address has opened an oil contract.

Yesterday, he added a total of 133,300 CL WTI crude oil contracts, with a transaction volume of about $10.791 million, a weighted average price of $80.93. Today, he added another net 2,581 contracts.

As of press time, this whale holds 155,200 CL long positions at 20x leverage, with a position value of around $13.22 million, an average entry price of $81.8; the position has an unrealized profit of about $510,500, with a return rate of approximately 80.3%. With the ongoing rollover of positions, the liquidation price has been pushed up to $81.56, below the entry price.

Flow of funds indicates: today, the whale made four transactions to withdraw approximately $246,400 to the 0x2000 system address (HyperEVM).

The first $100,000 withdrawal occurred early this morning, and about 1 minute later, 'xm39' began to heavily increase positions on Polymarket. The net withdrawal of $246,400 is highly consistent with the $222,200 he invested in the prediction market today.

From address associations, operation timing, and fund size, this portion of the funds appears to be highly aligned to be used for betting on 'United States will invade Iran by 2027' after being cross-chain transferred.