Lookonchain APP

App Store

P2P Protocol Team responds to Polymarket Large Bet from Same-Named Account: Ownership of the account not confirmed, but insider trading is denied

2026.03.27 23:36:48

**P2P Protocol Responds to Polymarket FUD From "P2PTeam" Account** On March 27, the P2P Protocol team addressed FUD triggered by a large-scale prediction on Polymarket from an account named "P2PTeam"—neither confirming nor denying if the account belongs to the team or an affiliate. The account spent ~$20,000 in USDC just 10 days after the ICO announcement, buying significant "Yes" shares for Polymarket’s markets on P2P’s public offering commitments exceeding $6M, $8M, and $10M. Most of the team’s VC commitments, however, were finalized only 4–5 days ago, and participating VCs have publicly announced their involvement to ensure transparency. The team clarified the $20k prediction (in a high-volume market with ~$30k potential return) does not amount to market manipulation or insider trading—calling it an early "belief bet" and entertainment. They added the "P2P Team" account name may have been deliberately chosen to play on users’ short-term mindsets. Context: MetaDAO launched P2Pdotme’s ICO on March 26 with a $6M minimum funding target. As of now, $5.3M has been raised, with the deadline set for March 30. Per PolyBeats Bot monitoring, Polymarket’s markets put the probability of P2P’s offering exceeding $6M at 100% and exceeding $8M at 97% currently.
Relevant content

US Central Command: Its forces remain on constant combat readiness, ready at any time to hold Iran accountable.

U.S. Central Command: Its forces remain on constant combat readiness, ready to hold Iran accountable if it fails to comply with or fulfill agreements. Earlier, the U.S. military confirmed it had carried out a series of strikes against Iran.

5 minutes ago

Whale Tracking: $20M bullish position by a major whale on a basket of semiconductors is fully trapped, losing over $5.5M.

According to Hyperinsight monitoring, the whale address starting with 0x519c currently holds 7 AI semiconductor-related positions, all 5x isolated long positions, with a total position size of roughly $19.541 million. The address is facing an unrealized loss of around $5.502 million, with all 7 positions in the red. Losses are concentrated in: MRVL (long position ~$7.456M, unrealized loss ~$2.609M), SNDK (long ~$3.836M, loss ~$1.162M), SKHX (long ~$3.883M, loss ~$676k), MU (~$281k loss) and NBIS (~$284k loss). The remaining two long positions are also unprofitable. Overall, the address’s total unrealized loss stands at $5.56 million, with 4 positions losing more than double their principal. This is the address with the largest loss amid market moves from last night to this morning. Previous whale-related news: South Korea’s largest-ever chip expansion failed to avert a capital stampede, with a bullish whale that chased SKHX at its peak suffering a single-day loss of over $2.2 million.

5 minutes ago

Vanguard Group has created a Head of Digital Assets role for the first time.

Global second-largest asset management firm Vanguard, which oversees roughly $12 trillion in assets under management, has established a digital asset head role for the first time, tasked with developing the firm’s long-term crypto and blockchain strategy. The position will evaluate areas including tokenization, stablecoins, digital wallets, custody, and blockchain settlement, and determine whether Vanguard will build in-house capabilities, partner with external parties, or delay entry into certain markets. The role will also need to craft a multi-year roadmap and design governance and risk frameworks. Vanguard noted that this recruitment does not signal an imminent launch of crypto products, adding that it currently has no plans to issue its own crypto investment tools.

5 minutes ago

Whale Alert: SK Hynix rose 10% at opening, recouping yesterday's losses; a high-win-rate crypto whale chased the rebound with 10x leverage.

According to Hyperinsight monitoring, in the past hour, an address starting with 0x1cb opened a long position in SK Hynix (SKHX) using 10x leverage: holding 2,362.465 units, with a nominal value of approximately $3.576 million, an average entry price of $1,496.485, a liquidation price of $1,436.50, and current unrealized profit of around $40,700 (a return rate of ~11.5%). SK Hynix surged 10.5% at today’s opening, recovering most of yesterday’s losses. The address concentrated on chasing the rally during the main uptrend, executing a total of 653 trades at prices between $1,486.90 and $1,520.00, gradually building its position through rolling trades. Over the past two weeks, this address has opened SKHX positions 25 consecutive times, mostly completing intraday swing trades with a win rate of ~70.8%; this marks its 25th long position in the recent period. - HyperInsight Bot is now live. Add @HyperInsightBot to your Telegram group and set it as an admin (enable message sending permission) to automatically sync on-chain news.

5 minutes ago

18 addresses simultaneously dump TAC, totaling over $1.78 million in value.

According to Yu Jing Monitoring, since early this morning, 18 wallet addresses have dumped a total of 372 million TAC on-chain, fetching $1.78 million. Market data shows TAC Protocol (TAC) experienced extreme price action, plunging 90% in just 15 minutes early this morning to around $0.0067.

5 minutes ago

Predict.fun officially launches its institutional-grade block trading feature, offering exclusive services to users conducting single transactions of over 100,000 units.

Predict.fun has rolled out a new feature: institutional-level block trading, offering exclusive services primarily for large traders conducting transactions of over 100,000 units per trade. Buyers and sellers can directly match with counterparties, with zero slippage, zero fees for the first 14 days, and no size limits, filling the gap in on-chain prediction market block trading. The feature is powered by liquidity from SIG, a leading traditional financial market maker that also acts as the exclusive market maker for US-compliant prediction platform Kalshi.

5 minutes ago