US-Israel Strikes on Iran Trigger $6.5 Million Wipeout on Polymarket

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US and Israeli military strikes in Iran have triggered a catastrophic $6.5 million loss for one crypto trader. Whoops!

Meanwhile, these attacks managed to generate hundreds of thousands in profit for others. Because, you know, that’s just how the world works, right?

Iran Bombing Fuels Six Figure Gains and $6 Million Loss on Polymarket

The financial fallout on the decentralized platform Polymarket is a testament to how quickly cash can disappear in the world of geopolitical betting. Buckle up, folks-it’s a wild ride!

Blockchain analysis reveals that a single trader, under the mysteriously ominous pseudonym “anoin123,” lost over $6.4 million in a single blow. Talk about a bad day at the office.

a user just lost $6.5M betting against US strikes on IRAN on Polymarket

today Israel together with the US carried out strikes on Tehran and other Iranian cities

trader anoin123 faded the idea that Donald Trump would actually greenlight it

that decision ended up costing him…

– izlam (@bckfv_eth) February 28, 2026

The poor soul had been betting that former President Donald Trump wouldn’t dare approve military intervention against Iran. Well, he was wrong, and now he’s $6.5 million poorer. Oops!

On the flip side, the military escalation made a few people very rich, including Vivaldi007, who foresaw this chaos coming and reaped a $385,000 windfall. It’s like someone knew this was coming a little too well…

Now, we get to the juicy part: “Roeyha2026,” a crypto wallet that popped up just 11 hours before the bombing. Coincidence? I think not. The wallet dropped $50,000, betting that the US would strike Iran before March 1, and now it’s up $96,800. Somebody’s been doing their homework. Or maybe they just had an inside source?

Someone created a new wallet “Roeyha2026” 11 hours ago and spent $50K betting that the US would strike Iran by March 1, 2026.

The wallet is now up $96.8K.

Coincidence?

– Lookonchain (@lookonchain) February 28, 2026

The $50K gamble turned into a cool $96K, sparking speculation about whether some folks have access to the kind of “information” that the rest of us can only dream of. Insider trading, anyone?

This all happens as federal regulators shift their focus to prediction markets. Under the Trump administration, crypto was basically treated like the new gold rush, allowing these platforms to thrive. But now, the commodification of global conflicts is getting too spicy for some lawmakers, like Senator Chris Murphy, who’s working on legislation to reign in the madness.

So, buckle up, folks, because the future of betting on international conflict looks more uncertain than ever. But hey, if you can bet on a world war and profit, why not? Right?

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2026-02-28 18:17