Unusual Whales launches new tool for monitoring insider trading in the prediction market Polymarket.

Financial data provider Unusual Whales has launched a new tool designed to monitor unusual trading and potential insider betting on the prediction market platform Polymarket. This move stems from widespread allegations of insider trading on the platform following its accurate betting on events such as the Venezuelan coup attempt. The tool, named "Unusual Predictions," identifies users who may have privileged access to information by analyzing indicators such as traders' profitability, historical records, and betting timing.