Countdown to on-chain investigation into alleged crypto insider trading

2049.news · 25.02.2026, 10:15:02

Countdown to on-chain investigation into alleged crypto insider trading


Crypto researcher ZachXBT announced a major on-chain investigation scheduled for 26.02.2026, claiming evidence of long-term insider trading.

Announcement and background

According to ZachXBT, the forthcoming report will allege years of employees using internal data to trade ahead of public announcements.

The announcement’s associated post has reportedly exceeded 7,000,000 views, and several prominent accounts removed related material after the reveal.

Market reaction on prediction markets

Polymarket opened a market after the announcement, listing more than twenty potential subjects and prompting intense short-term volatility.

  • Meteora — ~32–43% (initial leader).
  • Axiom — ~11–15%.
  • Pump.fun — ~11–13%.
  • World Liberty Financial — ~3–6%.
  • Jupiter, Wintermute, Binance, Coinbase, Upbit — each ~2–5%.
  • Others (Hyperliquid, Tether, Bybit, AAVE, Ethena, Helius and similar) — <1%.

Suspicious on-chain activity

Market leadership shifted quickly: WLFI led early trading near 15%, then bets concentrated on Meteora and briefly reached about 52%.

Observers flagged a fresh wallet with no prior history that placed a $5,891 bet on the "YES" outcome for Meteora, then opened a 3x short worth $33,000 on Hyperliquid.

Such timing could be coincidental, but on-chain transfers coupled with abrupt market moves have heightened speculation about privileged information.

Public responses and caution

Some accounts deleted prior posts after the announcement, while others publicly distanced themselves from the topic in replies and threads.

Given the rapid swings on prediction markets, participants are advised to consider volatility and risk before engaging in speculative positions.


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