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US reissues Iran oil sanction relief by July 31? YES price drops 30 pp despite whale bets
The market’s YES contract plunged from 37.5% to 7.5% in 24 hours while whale flow moved against the price trend.
Jul 14
Daily digests, accuracy rankings and market reads on Polymarket data. 5 stories.
The market’s YES contract plunged from 37.5% to 7.5% in 24 hours while whale flow moved against the price trend.
Polymarket's 'US reissues Iran oil sanction relief by July 31?' YES contract dropped from 38.0% to 12.5%, but whale flow increased YES bets, diverging from the price move.
Whale activity diverged sharply from the 24-hour price drop, signaling conflicting views on sanction relief timing.
Whale bets backed a sharp 18-point rise in the chance US will reissue Iran oil sanction relief by July 31, lifting YES price from 23% to 41%.
Whale activity and market prices moved in tandem as the probability of US sanction relief on Iranian oil surged on Polymarket.