#Polymarket预测市场 The on-chain traces of the insider trading case involving Polymarket have basically been linked together. The key lies in the precise matching of fund flows—252.39 SOL flowed into the trader’s account from Coinbase, and exactly 23 hours earlier, 252.91 SOL was deposited into Coinbase from the STVLU.SOL wallet, with a match rate of 99%, which is no coincidence. What’s more noteworthy is the subsequent asset transfer logic: $170,000 worth of Fartcoin was transferred into the same wallet within 3-4 hours after profit withdrawal, indicating a planned operational process.

From domain tracking, the chain of transactions from STVLU.SOL registering StCharles.SOL, with the source of funds from Solhundred.sol, to StevenCharles.sol, totaling $11 million, the identities are relatively clear. The issue is not just who traded what, but how individuals with non-public information are able to profit precisely over $400,000 in the prediction market.

The lesson from such cases is: on-chain transparency brings traceability, but also exposes new ways to monetize power. How future regulations will define the standards for insider trading in prediction markets will determine the compliance boundaries of the entire sector.