ZachXBT Insider Trading Report Sparks Meteora Short Speculation
On-chain investigator ZachXBT announced a major insider trading report dropping February 26, targeting one of crypto's most profitable businesses, where multiple employees allegedly abused internal data over a prolonged period.
The announcement immediately triggered heavy speculation. Meteora ($MET) leads Polymarket odds as the likely target, peaking at 53% probability, with Pump.fun and MEXC trailing behind. Betting volume on the market exceeded $5M.
Separately, an anonymous wallet placed bets on Polymarket and opened a short position on ~186,435 $MET with 3x leverage via Hyperliquid — coinciding with ZachXBT's announcement. No confirmed connection to ZachXBT exists.
The full report remains unreleased. Await official details before drawing conclusions.