ChainCatcher reports that, according to Lookonchain, trader “predictorxyz” (possibly an insider) bet $658,000, believing Axiom would be accused of insider trading. At the time, the odds were only 13.8%, and he netted $4.114 million.
On-chain investigator ZachXBT also found it suspicious that $70,000 USDC was deposited into a newly created prediction market account, prompting an investigation into the source of funds for this user “predictorxyz.” ZachXBT stated that his related Solana address is an active Axiom user, with the username “JustADegen” on Fomo. They also recently bundled CRABS tokens; if anyone can help identify them, that would be great.
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ZachXBT: The trader "predictorxyz" who successfully bet on Axiom's associated address is an active user of Axiom
ChainCatcher reports that, according to Lookonchain, trader “predictorxyz” (possibly an insider) bet $658,000, believing Axiom would be accused of insider trading. At the time, the odds were only 13.8%, and he netted $4.114 million.
On-chain investigator ZachXBT also found it suspicious that $70,000 USDC was deposited into a newly created prediction market account, prompting an investigation into the source of funds for this user “predictorxyz.” ZachXBT stated that his related Solana address is an active Axiom user, with the username “JustADegen” on Fomo. They also recently bundled CRABS tokens; if anyone can help identify them, that would be great.