A million in profit from a tiny entry? That’s the kind of on‑chain story that makes people both excited and nervous about these markets.

Ohtis

At least 12 wallets collectively made over $1 million betting on the outcome of ZachXBT's investigation before the findings went public, with one trader turning a $0.14 average entry on shares into $411,000 in profit.

> At least 12 wallets collectively made over $1 million betting on the outcome of ZachXBT's investigation before the findings went public, with one trader turning a $0.14 average entry on shares into $411,000 in profit.
> 
> What to know:
>  
> - A Polymarket prediction market on which crypto firm ZachXBT would accuse of insider trading saw about $40 million in volume before he named Axiom as the target.
> - On-chain analysts say a small cluster of newly created wallets bet heavily on Axiom just before the reveal, generating more than $1 million in profit and suggesting someone had advance knowledge.
> - Because Polymarket does not require identity checks and Axiom employees knew of the investigation ahead of publication, any potential insider betting may be difficult to trace even as Axiom says it is investigating.
> 
> ...