Bubblemaps detected a cluster of accounts that profited more than $1 million from bets on strikes targeting Iran.

Suspicious accounts and betting pattern

Analysts from Bubblemaps identified six wallets created in February that placed bets exclusively on a U.S. and Israeli military operation until 28.02.

Experts report that some positions were opened at $0.10 per contract only hours before the initial explosions in Tehran, allowing rapid gains for the new accounts.

Similarity to past schemes

Investigators noted that the sequence of wagers mirrors tactics used in a prior case around the arrest of a head of state, where informed traders also realized substantial profits.

Law enforcement response

Israeli authorities have detained a military reservist and a civilian on suspicion of using classified information to place bets on Polymarket, according to reports.

Market consequences and losses

At the same time, experienced traders suffered heavy losses during the event. One user trading as "anoin123" reportedly lost $6.5 million in a single day after positions moved sharply against them.

Ongoing inquiries

Investigations into the pattern of deposits, timing of trades and potential misuse of privileged information are ongoing. Authorities and market analysts continue to monitor developments.