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The traffic sign of the Hormuz Strait has now become quite prominent.
In the prediction market, it is observed that the likelihood of normal shipping activity in this area before the end of April has now reached 57%.
It has increased by 43% in the past day, indicating growing optimism in the market regarding this matter.
The most interesting thing is that the trading volume is now close to $407,000.
This market decision is based on data from IMF PortWatch, where if the average number of ships passing daily over 7 days is 60 or more, it is considered "Yes".
This includes all types of ships such as container ships, bulk carriers, roll-on/roll-off ships, and tankers.
Iran's foreign minister previously stated that this waterway would be safe in the next two weeks.
Now, it can be seen how the market is valuing that message through this traffic sign.
Prediction markets always reflect information in advance during such times.