Big Number
$7.7 million. That is how much money “The Spirit of Ukraine” has deposited on Polymarket over their lifetime. The user holds 105 open positions, according to Polymarket, has made $4.1 million in returns on Polymarket and recorded $1.9 million in losses, for $2.3 million in profit.
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Surprising Fact
The Polymarket portfolio of “The Spirit of Ukraine” is up around 185% over the last 30 days.
Key Background
A 60-day ceasefire between the U.S. and Iran, which largely unraveled, expired on Monday following weeks worth of clashes over control of the Strait of Hormuz, which accounts for roughly 25% of the world’s maritime oil trade. A senior Iranian official told Reuters on Monday the country was shifting to a “fully offensive” military posture because of stalled peace talks. President Donald Trump said Tuesday “there are no talks or conversations going on, or scheduled, with the Islamic Republic of Iran,” contradicting remarks made by special envoy Jared Kushner, who called talks “probably more robust” than ever.
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Further Reading
Trump Labels Map Of Strait Of Hormuz ‘New U.S. Territory’ After Passing 60-Day Deadline For Deal (Forbes)
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