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'Informed' traders on Polymarket netted $143 million in 'anomalous' profit since 2024, researchers find

By jnewsham@insider.com (Jack Newsham)โ€ขBusiness Insider

The study analyzed most Polymarket's trades between 2024 and 2026. It's the first to estimate the total amount won by suspicious accounts.

Last June, a new Polymarket account with the name "ricosuave666" began betting thousands of dollars on specific questions regarding Israeli military strikes on Iran. The gamble paid off. When Israelโ€ฆ