Three suspicious accounts and the abnormal spike in bets: the investigation into the insider trading phenomenon at Infinex

The Poly Nerd analyst has reignited attention on an episode that clashes with the transparency promised by public fundraising: during Infinex’s fundraising process, suspicious anomalies related to insider trading behaviors emerged. Observations suggest a scenario far from casual.

When the market changes its mind: from 2-3 million to 5-10 million

Initially, everything proceeded as expected. The constraints imposed by the strict KYC verification process and the $2,500 cap per user created a natural bottleneck. The Polymarket community anticipated a total raise between $2 million and $3 million. Yet, in a surprisingly short period, things took a completely different turn: the probability of reaching $5 million jumped from 20% to 70%, while simultaneously, orders began to concentrate massively at much higher levels, from $3 million up to $10 million.

The three wallets that don’t add up

What caught The Poly Nerd’s attention was the convergence of three extremely suspicious elements. First, all three incriminated wallets were created exactly 24 hours before the event, a timing that immediately raises red flags. Second, their betting strategies showed an almost identical pattern: they concentrated their shares on the $5 million pool with nearly mirror-image percentages. Finally, all three simultaneously reduced their exposure on higher targets to optimize return on investments—a coordinated move unlikely to result from independent analysis.

A dynamic that smells of collusion

The combination of these factors paints an emblematic profile: privileged access to information, perfect synchronization in actions, and a positioning strategy that clearly reveals awareness of how things would unfold. The coordinated movements of the three accounts, combined with their sudden appearance in the system, create a scenario where suspicion of insider trading becomes increasingly solid.