Cryptocurrency investigator ZachXBT is set to publish a major insider trading investigation on February 26, targeting “one of crypto’s most profitable businesses.” Ahead of the reveal, prediction markets on Polymarket have seen millions in bets, with odds shifting between major DeFi and exchange platforms like Meteora, Pump.fun, and Jupiter, causing concurrent price volatility in their associated tokens.
The crypto community is anticipating the results of a major insider trading investigation by on-chain investigator ZachXBT, scheduled for release on February 26. This expectation has created a tense waiting period within the industry.
Betting began on Polymarket shortly after ZachXBT hinted at the probe. He stated, “Major investigation dropping February 26 on one of crypto’s most profitable businesses, where multiple employees abused internal data to insider trade over a prolonged period of time.”
On February 24, Meteora became the top prediction market target with 53% odds, but its chances fell sharply to 28% by the next day. Other names in the market include Pump.fun at 12%, Axiom at 11%, MEXC at 14%, and Jupiter at 11%.
This speculation coincided with notable token price movements. Meteora ($MET) rose 7.44% to $0.1798, while Jupiter ($JUP) increased 4.33% to $0.1475. Conversely, Pump.fun ($PUMP) continued falling, down 2.34% to $0.001720.
CNBC crypto trader Ran Neuner highlighted the market’s tension. He said, “ZachXBT drops his biggest investigation in 48 hours… The top revenue tokens are already bleeding. The market knows something you don’t.”
ZachXBT’s reputation is built on detailed blockchain analysis, as demonstrated by his work tracing a $282 million social engineering attack in January. The industry now awaits his latest findings to identify the subject of the investigation.
