Did Prediction Market Traders See It Coming? Big Wins and Bigger Losses Follow Iran Strike

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Abstract
Prediction markets are crackling with activity after the United States, in coordination with Israel, carried out major airstrikes against Iran. At present, traders are pricing in a 46% probability that the Iranian regime will fall by June 30, and following the latest strike, it emerged that several market participants pocketed gains by calling the timing […]
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