Polymarket Sees $3M in Bets Over the Next Crypto Company ZachXBT Might Reveal

Anticipation surrounding an upcoming exposé from blockchain investigator ZachXBT has sparked a surge of speculative trading on Polymarket, where nearly $3 million has been wagered on which crypto company could be accused of insider trading.

The activity followed a post on X in which ZachXBT said he would publish a “major investigation” on February 26 involving one of the industry’s most profitable firms. He did not disclose the name of the target, but the insider-trading allegation alone was enough to ignite immediate betting interest.

Polymarket, a decentralized platform where users trade outcome-based contracts with real funds, quickly became the arena for that speculation. Because participants commit capital rather than simply voice opinions, the platform’s odds are often viewed as a real-time reflection of market sentiment. After gaining broader visibility during the 2024 U.S. election cycle, Polymarket has increasingly functioned as crypto’s informal barometer for unresolved controversies.

As of Tuesday morning in Asia, Meteora holds the top spot with 43% odds and roughly $319,000 wagered on that outcome. The Solana-based liquidity protocol has frequently been mentioned in discussions about meme coin market structure, particularly around liquidity provisioning at launch and early positioning advantages. The project did not immediately respond to media inquiries.

Trailing Meteora, Axiom is priced at 13%, followed by Pump.fun at 12%. Pump.fun, however, has attracted the largest single-outcome trading volume at approximately $332,000, indicating significant two-way speculation. The platform has previously faced scrutiny over alleged insider benefits tied to early wallet activity, claims it has denied.

Jupiter stands at 8%, reflecting ongoing debate around DeFi routing practices and fee dynamics on Solana. MEXC follows at 7%, amid persistent online speculation about token listings and trading patterns during meme coin launches.

The odds have shifted notably since the market opened. Axiom, Pump.fun, and Jupiter have each declined between 37% and 42% from their initial levels, while Meteora has strengthened its lead. The evolving pricing suggests that early broad-based speculation has narrowed as traders analyze ZachXBT’s investigative history and social media cues for hints.

Still, prediction markets capture sentiment — not verified facts. The odds reflect aggregated trader expectations rather than confirmed knowledge about the forthcoming report.

For now, the episode underscores how quickly crypto speculation can migrate from social media to financial markets — and how platforms like Polymarket convert rumors into measurable risk.