Blockchain investigator ZachXBT has not yet named the target. Polymarket punters are already taking this into account.
A prediction market asking which crypto company ZachXBT will expose to insider trading has generated nearly $3 million in volume since the on-chain detective posted on X that a “major investigation” into one of the most profitable crypto companies would be dropped on February 26. He provided no details beyond the insider trading allegations.
It was enough. Within hours, Polymarket traders began betting on multiple candidates, and the resulting odds function as a real-time map of where the market thinks the bodies are buried.
Polymarket is a blockchain-based prediction platform where users trade contracts on real outcomes using real money. Odds tend to reflect true belief, as bettors are risking capital rather than mere opinions. The platform gained mainstream credibility during the 2024 US election cycle and has since become the de facto crypto sentiment indicator for unresolved events.
As of Tuesday morning in Asia, Meteora is the big favorite at 43%, with volume of $319,000 on this result alone. The Solana-based liquidity layer is a recurring name in community discussions about coin market structure, particularly how launch liquidity is bootstrapped and who ends up on the right side of early price movements.
His proximity to politically-related token activities, including Trump-themed coins, has kept him in the spotlight.
Axiom sits at 13%, followed by Pump.fun at 12% with the highest single result volume at $332,000 – suggesting significant two-way action rather than consensus. Pump.fun’s inclusion follows months of scrutiny over early wallet sniping on the platform, although the project has denied allegations of insider benefits.
Jupiter rounds to 8% and MEXC to 7%. Jupiter’s presence reflects broader questions about Solana DeFi’s routing and fee mining, while MEXC has faced persistent discussions on social media regarding listing behavior and whale-friendly timing in the coin markets.
The odds have changed significantly since the market opened. Axiom, Pump.fun and Jupiter have all fallen 37-42% from their initial readings, while Meteora has consolidated its lead – a trend that suggests early speculation has given way to more directional conviction as punters analyze ZachXBT’s past work and post models in search of clues.
But none of this constitutes proof. Prediction markets evaluate belief, not fact, and Polymarket’s odds reflect the collective speculation of a few thousand traders rather than any internal knowledge of the survey itself.
But the market does what prediction markets do best: forcing participants to put capital behind their hunches rather than just tweeting them.
The answer will arrive in two days.
