Analyst: Three wallets suspected of insider trading during Infinex public offering event

PANews January 6th News, analyst The Poly Nerd posted on the X platform that three wallets are suspected of conducting insider trading during the Infinex public offering event. Sales initially progressed slowly due to strict KYC procedures and a $2,500 limit per user, which posed significant obstacles. Most people on the Polymarket platform expected sales to fall within the $2 million to $3 million range. However, the situation then reversed: the probability of reaching higher targets suddenly surged, with the chance of hitting the $5 million mark jumping from about 20% to approximately 70%. At the same time, a large number of orders began flooding in for the $3 million, $5 million, and even $10 million targets. These three wallets all opened new accounts just one day ago, and their betting ratios when wagering on the $5 million target pool were relatively similar, with all of them lowering their margins on higher targets to maximize profits.