Traders on Polymarket reportedly profited significantly just hours before U.S. airstrikes on Iran, according to a report by Bubblemaps. One trader, who had previously earned over $2 million by betting against such strikes, lost $6.5 million in a single day following attacks by the U.S. and Israel on Iran. The report highlights the high-stakes nature of prediction markets and the rapid shifts in sentiment that can occur in response to geopolitical events.

Traders on Polymarket reportedly profited significantly just hours before U.S. airstrikes on Iran, according to a report by Bubblemaps. One trader, who had previously earned over $2 million by betting against such strikes, lost $6.5 million in a single day following attacks by the U.S. and Israel on Iran. The report highlights the high-stakes nature of prediction markets and the rapid shifts in sentiment that can occur in response to geopolitical events.