Three wallets reportedly earned over $24 million from prediction bets. All profits were routed through the same Binance deposit address. No official confirmation of insider activity has been
Polymarket wallets identified by blockchain tracker Lookonchain are drawing attention after reportedly generating more than $24 million in profits from World Cup prediction markets. The activity has sparked speculation about possible insider knowledge, although no official investigation or confirmation has been announced.
According to publicly shared on-chain data, three wallets known as mintblade, GRIMDRIP, and endlessFate collectively earned approximately $24.25 million. Lookonchain described the activity as potentially linked to a “suspected insider,” but emphasized that the conclusion is based on blockchain analysis rather than verified findings from regulators or platforms.
A suspected insider made $24.25M from #WorldCup betting:• mintblade: $9.24M profit, 5 wins out of 5 bets.• GRIMDRIP: $7.6M profit, 2 wins out of 2 bets.• endlessFate: $7.41M profit, 6 wins out of 9 bets.All three wallets sent their profits to Binance through the same… pic.twitter.com/VgAaqmWZto
— Lookonchain (@lookonchain) June 21, 2026
The reported gains came from a series of highly successful bets. Mintblade allegedly secured $9.24 million in profit after winning five out of five positions. GRIMDRIP reportedly earned $7.6 million with two successful bets, while endlessFate generated $7.41 million from six winning trades out of nine.
A key element behind the speculation involves how the funds moved after the bets were settled. Lookonchain reported that all three Polymarket wallets transferred profits to Binance using the same deposit address, identified as 0xB08B…317D.
Blockchain analysts often monitor shared deposit addresses because they can indicate common ownership or coordinated activity. In this case, the use of one Binance destination has led some observers to suggest a single entity may control the wallets.
The tracker also noted that the three Polymarket wallets stopped trading after collecting their profits. According to the report, the accounts withdrew all remaining funds and showed no further betting activity.
The story has generated discussion because of the unusually high success rate across the accounts. However, there is currently no public evidence proving insider access or wrongdoing.
Neither Polymarket nor Binance had publicly commented on the claims at the time of reporting. The findings remain based on blockchain transaction records and wallet behaviour analysis.
For now, the Polymarket wallets case highlights how transparent blockchain data can uncover unusual trading patterns while still leaving important questions unanswered regarding ownership, intent, and information sources.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.<p>The post Polymarket Wallets Earn $24M Amid Insider Betting Claims first appeared on Coin Crypto Newz.</p>
