Race to Unmask Insider Bets in Prediction Markets Is Heating Up

Unusual Whales has launched a tool that scours the prediction platform Polymarket for unusual activity.

Photographer: Gabby Jones/Bloomberg

At a time when people are using prediction markets to bet on whether the US will take control of Greenland, the race to identify potential insider trading on the platforms is intensifying.

Unusual Whales, a financial data provider best known for its annual report on congressional stock trading, has launched a tool that scours the prediction platform Polymarket for unusual activity and suspected insider bets.