Blockchain investigator ZachXBT hasn’t named the target yet. Polymarket bettors are already pricing it in.

A prediction market asking which crypto company ZachXBT will expose for insider trading has drawn nearly $3 million in volume since the on-chain sleuth posted on X that a “major investigation” into one of crypto’s most profitable businesses would drop on February 26. He offered no specifics beyond alleging insider trading.

That was enough. Within hours, Polymarket traders began placing bets across several candidates, and the resulting odds function as a real-time map of where the market thinks the bodies are buried.

Polymarket is a blockchain-based prediction platform where users trade contracts on real-world outcomes using real…