Two new wallets turned $60K into $100K on Polymarket three hours before ZachXBT’s Axiom insider trading report.
Unusual trading activity on Polymarket has drawn attention after two newly created wallets turned $60,000 into more than $100,000 within three hours.
The trades were placed shortly before crypto investigator ZachXBT published allegations that Axiom was involved in insider trading.
Blockchain data shows the positions were opened hours before the report became public.
Timeline of the Polymarket Bets
On-chain records show that two anonymous wallets were created hours before the report went live.
Both wallets funded accounts and placed trades on Polymarket. The market focused on which company would be named in an upcoming insider trading exposé.
According to X user MSB Intel, the wallets deployed about $60,000 combined on shares, predicting that Axiom would be identified.
The purchases occurred roughly three hours before the report became public. Trading data indicates that liquidity was available, and the orders were filled quickly.
After the report was published, the market moved sharply. The probability assigned to Axiom rose within minutes.
The two wallets closed positions and secured more than $100,000 in profit, based on public transaction history.
ZachXBT Report and Market Reaction
As Live Bitcoin News reported earlier, ZachXBT uncovered an alleged insider-trading ring at Axiom Exchange, a crypto platform founded in 2024 that has generated over $390 million in revenue.
The investigation, based on leaked audio, internal screenshots, and on-chain data, found that employees allegedly misused internal tools to access sensitive user information and profit from non-public data since early 2025.
The report identified senior business development employee Broox Bauer as a central figure.
Leaked audio and dashboard screenshots suggest he could track user wallets and share data beyond his job scope.
Several key opinion leaders confirmed the accuracy of the exposed wallet information, while full trade verification would require internal logs.
The timing of the earlier bets drew attention from observers. The wallets had no prior activity before the trades.
Their funding and execution took place shortly before the report’s release.
Related Reading: Polymarket Buys Dome to Expand Prediction Market API
Questions Raised by On-Chain Evidence
Blockchain data remains publicly accessible and allows transaction tracing. Analysts noted that both wallets were newly created and funded shortly before the trades.
No direct identity links have been confirmed at this stage. Polymarket operates as a decentralized prediction platform, and users trade on event outcomes.
Markets often react to news, yet early positioning can indicate prior knowledge. The three-hour gap between trades and publication is now under review by independent analysts.
No official enforcement action has been announced so far. ZachXBT has not publicly commented on the prediction market trades. The episode has added another layer to ongoing discussions about insider activity in crypto markets and on prediction platforms.
Source: https://www.livebitcoinnews.com/how-60k-became-100k-betting-on-a-crypto-insider-scandal/
