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There appears to be some insider trading activity on Polymarket during the U.S. military action against Iran.
On Saturday morning, the U.S. and Israel conducted a surprise attack in Iran, which killed several of the country’s leaders, including Ayatollah Ali Khamenei.
“Khamenei, one of the most evil people in History, is dead. This is not only Justice for the people of Iran, but for all Great Americans, and those people from many Countries throughout the World, that have been killed or mutilated by Khamenei…” – President Donald J. Trump pic.twitter.com/oXZTFGg5pS
— The White House (@WhiteHouse) February 28, 2026
Mysterious Polymarket user “Magamyman” put $87k om the U.S. attacking Iran, and took home over $500k in winnings.
It appears that a Polymarket account called “Magamyman” made $515,000 in a single day betting on last night’s U.S. strike on Iran, with the first trade placed 71 minutes before the news broke publicly.
When this person bought in, the market had this at a 17% probability. They… pic.twitter.com/giM7WfTjys
— Mike Levin (@MikeLevin) March 1, 2026
Magamyman has apparently made a ton of money throughout the year betting on Israel’s strikes in the Middle East.
🔮 Some of the most profitable @Polymarket traders being discussed on X right now:
• Magamyman – Early bet on U.S.–Iran strike | ~$700K
• SwissMiss – Turned $20 into $1.3M, trading geopolitics.
• kch123 – Generated $10.9M in sports-related markets.
• KeyTransporter -… pic.twitter.com/p3T4cbbRZS
— DropsTab (@Dropstab_com) February 28, 2026
Update: Several other Polymarket users earned big money on the U.S. striking Iran.
JUST IN: 🇮🇷 🇺🇸 Six suspected insiders made $1.2M betting on a US strike on Iran
Most of these wallets:
• were funded in the last 24h
• specifically bet for February 28
• bought "yes" hours before the strike pic.twitter.com/n3G6OIEOXt— Bubblemaps (@bubblemaps) February 28, 2026