TLDR Polymarket is reviewing dozens of newly created wallets tied to bets on Israel’s parliamentary election. More than 600 wallets were created on a single day to bet on Netanyahu or Likud before polls closed on Tuesday. Bubblemaps found 101 accounts funded for the first time on election day, before voting ended. Combined profits of more than $100,000 were withdrawn after exit polls came out. No evidence has shown that insider information was used or that the vote was manipulated.
Polymarket is investigating suspicious trading tied to Israel’s parliamentary election, according to Bloomberg. The prediction market’s internal team said it is reviewing dozens of newly created wallets linked to the betting.
The trades centered on bets that Benjamin Netanyahu or his Likud party would win. Many of the wallets were created shortly before polls closed on Tuesday.
For months, prediction markets had favored Gadi Eisenkot to win the election. That changed on election night, when Netanyahu’s odds jumped.
Israel poll bets put Polymarket in spotlight
Polymarket probes suspicious Israel bets; Blockchain data firms have flagged suspicious transactions@AadhyaJunejaa has more pic.twitter.com/Z2AXkdTl1O
— WION (@WIONews) October 30, 2026
How the Wallets Were Flagged
A Bloomberg analysis of Polymarket’s blockchain data found that more than 600 new wallets were created on a single day. These wallets placed bets on Netanyahu or Likud before voting ended.
Blockchain analytics firm Bubblemaps also looked at the activity. It found 101 accounts that were funded for the first time on election day, before the polls closed.
After exit polls were released, these accounts withdrew combined profits of more than $100,000. The timing of the new wallets and the quick withdrawals drew attention from researchers.
Polymarket runs on a public blockchain. This means anyone can view the trades and study patterns that