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Fifteen minutes before Trump announced the ceasefire, traders bet $430 million on falling oil prices
Deep Tide TechFlow News, on April 22, just 15 minutes before U.S. President Trump announced an extension of the ceasefire agreement with Iran, traders bet $430 million on falling oil prices. This was the third time this month, and the fourth since the conflict began, that traders made large-scale and precise predictive bets on oil prices just before major announcements related to the Iran war. The March bet was worth $500 million, while the total bets in April reached approximately $2.1 billion.
On March 23, just 15 minutes before Trump announced the delay of an attack on Iranian power facilities, traders bet $500 million that oil prices would fall. A few hours before Trump announced a two-week ceasefire on April 7, bets worth $950 million were executed. On April 17, just before Iran’s Foreign Minister announced that the Strait of Hormuz would be open to commercial ships for about 20 minutes, traders bet $760 million on falling oil prices. (Jin10)