Gate News reports that on March 11, according to PolyBeats monitoring, on the prediction market Polymarket, a address with an 88% win rate in the Middle East sector has been continuously increasing its bet on the prediction “U.S.-Iran ceasefire in April” over the past six hours. The total wager is $11,400, with an opening average price of 50.4¢, currently at 51.5¢.
Trump continues to publicly state that this war will end “very soon,” and says the war is already “very complete, pretty much.” An American official familiar with Pentagon estimates said that the ammunition used in the first two days of the war alone cost $560 million, a figure submitted to Congress this week.
Crude oil prices retreated after Trump said the war would end “very soon,” but gasoline prices have not returned to pre-war levels. Analysts say that as long as the security risk in the Strait of Hormuz persists, fuel prices will remain high.
Note: Based on this trader’s past trading profile, they are not betting on whether the event will actually happen, but may close positions for profit or loss at certain points after opening. Account address: 0x2974bd0059e48f215c391882976e0f1b4c8c9c23.
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