TLDR
- Blockchain investigator ZachXBT teased a major insider-trading investigation dropping February 26, naming no target
- Polymarket traders bet nearly $3 million on which crypto firm he will expose
- Solana-based Meteora leads the odds at 43%, followed by Pump.fun, Axiom, MEXC, and Jupiter
- World Liberty Financial entered the market after its USD1 stablecoin briefly depegged on February 23
- Polymarket odds reflect trader speculation only — no confirmed evidence against any named firm
Blockchain investigator ZachXBT posted on X that he will release a “major investigation” on February 26 into one of crypto’s most profitable businesses, alleging insider trading. He named no company.
That single post was enough to move markets.
Within hours, traders on Polymarket — a blockchain-based prediction platform where users bet real money on real-world outcomes — piled into a market asking which crypto firm ZachXBT will expose.
Total volume crossed $3 million by Tuesday morning.
Polymarket works by letting users buy and sell contracts tied to specific outcomes. Because bettors risk real capital, the odds tend to reflect genuine conviction rather than casual opinion.
The platform became widely known during the 2024 U.S. election cycle and is now widely used as a sentiment gauge in crypto.
Meteora, a Solana-based liquidity platform, leads the odds at 43%. It has been a recurring name in community discussions about meme coin market structure and early liquidity seeding.
Its ties to politically linked tokens, including Trump-themed meme coins, have kept it under community scrutiny. Meteora did not respond to requests for comment.
Why Pump.fun, MEXC, and Others Are in the Frame
Pump.fun sits at 12% with the highest single-outcome dollar volume at $332,000, suggesting heavy two-way trading rather than clear consensus. The meme coin launchpad has faced months of scrutiny over early-wallet sniping.
Pump.fun has denied allegations of insider advantages. Separate claims that trader Hayden Davis was an early whale in the PUMP token launch were also called baseless by the platform.
Axiom sits at 13%, Jupiter at 8%, and MEXC at 7%. MEXC has faced ongoing social media discussion around listing timing and whale-friendly activity on meme coin markets.
World Liberty Financial Enters the Market After USD1 Depeg
World Liberty Financial, known as WLFI, entered the Polymarket conversation after its USD1 stablecoin briefly lost its dollar peg on February 23 before recovering.
WLFI blamed a coordinated attack, saying hackers compromised cofounder accounts, spread fear, and opened short positions to profit from the drop.
That episode, combined with broader speculation around politically linked crypto projects, pushed WLFI onto traders’ radar.
Early odds on Axiom, Pump.fun, and Jupiter have each fallen 37 to 42% from their opening readings since the market launched.
Meteora has consolidated its lead over that same period. ZachXBT’s full report is scheduled for release on February 26.
