Analysts: Three wallets suspected of insider trading during Infinex IPO.

PANews reported on January 6th that analyst The Poly Nerd published an article on the X platform alleging that three wallets were involved in insider trading during the Infinex public offering. Sales initially progressed slowly due to strict KYC procedures and a $2,500 cap per user, with most on the Polymarket platform expecting sales to fall between $2 million and $3 million. However, the situation then reversed: the probability of reaching higher targets suddenly surged, with the probability of reaching $5 million jumping from approximately 20% to about 70%. Simultaneously, a large number of orders began flowing towards targets of $3 million, $5 million, and even $10 million. These three wallets were all newly opened accounts just one day prior, and their betting proportions on the $5 million target pool were relatively similar, with all three lowering their margin requirements on higher targets to maximize profits.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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