Polymarket account deposits $2,000 to bet on crude oil reaching $120 before the end of March

Gate News reports that on March 19, a account that has previously made 7 profitable oil price predictions on Polymarket invested $2,000 to buy “Yes” on whether crude oil will reach $120 before the end of March. Currently, the probability is 25%.

Yesterday (March 18), after Israel launched a military strike against Iranian oil infrastructure, Trump posted that the U.S. was not informed of the strike and explicitly stated that Israel did not notify or coordinate militarily with the U.S. before carrying out the operation targeting energy assets.

Regarding the strategic petroleum reserve release, the U.S. government officially launched a plan in mid-March to release a total of 172 million barrels, with about 10 million barrels being released to the market each week as scheduled.

Note: Based on its past trading profile, this trader is not betting on whether the event will actually happen, and may close positions for profit or loss at certain points after opening.

Account address: 0xefb3247a575c3e78304ec106ddafefefa5b702bf.

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