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A wallet with a 93% win rate purchased $158,000 worth of positions betting that the Strait of Hormuz will not resume normal navigation before August 15

2026-08-07 05:05

Monitoring by the PPP Prediction Market Tool shows that in Polymarket's "When will the Strait of Hormuz resume normal navigation?" prediction market, a wallet with a 93% win rate (0xa52b785a5510117ac3ae03d75d029f89a36c9480) purchased positions worth $158,000 betting that navigation will not resume before August 15, with an average entry price of 98.6¢ and a total of 160,003.1 shares bought.

According to US media reports, Oman has agreed to reach a framework agreement with Iran to temporarily reopen the Strait of Hormuz. However, the agreement has not yet been officially announced, and whether the US will support it still depends on the final details.

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