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An investigation into the ZachXBT scandal reveals that eight addresses collectively made over $1.2 million in profits
Svmuu News: defioasis.eth posted on X stating that over 3,630 Polymarket addresses bet on “Axiom” during on-chain investigator ZachXBT’s insider trading probe, with 56.2% of those addresses generating positive returns. Eight of the top 10 high-profit addresses were identified as insider addresses, with combined profits exceeding $1.2 million. These addresses made very few trades—some as few as one. Three addresses each made over $100,000 in a single trade, all on that single market, specifically: 1. predictorxyz (0x1d9af60c679cd0b577c3c4ccb4b1a4be4174426d) with a profit of $411,600; 2. 0x054ec2f0ccfdae941886a3ed306635068c716639: $354,000 profit; 3. 0xe56526b27b96f009b31ddb46558a134047bfce48: Profit of $144,000. Additionally, 47 addresses made profits ranging from $10,000 to $100,000, with a combined profit of $1.34 million. In terms of the largest liquidity exits, two addresses incurred losses exceeding $100,000, with a combined loss of $366,000; another 50 addresses incurred losses ranging from $10,000 to $100,000, with a combined loss of $1,239,000.
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