Anonymous blockchain investigator ZachXBT announced that he will release a major exposé on Thursday regarding a profitable cryptocurrency company suspected of insider trading. The prediction market Polymarket has opened bets on the involved company, with Meteora (MET) having the highest odds at 43%, which immediately triggered a 6.5% sell-off. Despite recent controversies over stablecoin de-pegging, World Liberty Financial (WLFI) still has odds of 5%, while Hyperliquid (HYPE) has odds of 1%. This early sell-off reflects market expectations of the investigation's outcome.
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Anonymous blockchain investigator ZachXBT announced that he will release a major exposé on Thursday regarding a profitable cryptocurrency company suspected of insider trading. The prediction market Polymarket has opened bets on the involved company, with Meteora (MET) having the highest odds at 43%, which immediately triggered a 6.5% sell-off. Despite recent controversies over stablecoin de-pegging, World Liberty Financial (WLFI) still has odds of 5%, while Hyperliquid (HYPE) has odds of 1%. This early sell-off reflects market expectations of the investigation's outcome.