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I've noticed that there's currently crazy activity on Polymarket. In recent days, trading volumes for political bets have skyrocketed — just for the US and the Iran situation, people have wagered over $529 million. These are simply wild numbers for this kind of platform.
It turns out that people are increasingly using prediction markets as a way to express their views on events, rather than just for speculation. It's interesting that the platform is handling such a surge of traders and money.
I'm just curious how long this will last. Every day I hear more discussions about the possible abolition of current rules for such platforms or, conversely, tightening regulations. If they start cracking down on prediction markets, such activity spikes could become rare. For now, it's working — it's interesting to watch.