Crypto traders have been scrutinized for their rapid trades following the recent airstrikes between the United States and Iran.
A recent analysis by Bubblemaps identified six wallets that generated around $1 million in net profit from betting on a US strike against Iran by February 28, the same day the operation began.
The majority of these wallets were funded within 24 hours of the event and purchased shares just hours before the airstrikes started.
One notable example shows a trader turning $61K into $493K, while another converted $30K into $120K.