Three World Cup betting crypto wallets have cashed out more than $24 Million
Three wallets — mintblade, GRIMDRIP, and EndlessFate — made a combined $24.25 million trading World Cup prediction markets, then sent their profits to the same Binance deposit address. Lookonchain said the accounts posted 13 wins in 16 settled bets, then stopped trading and withdrew funds. Mintblade made $9.24 million, GRIMDRIP $7.6 million, and EndlessFate $7.41 million. The shared deposit route suggests a possible common operator, but it does not prove insider knowledge or misconduct. The activity drew attention because prediction markets are seeing huge World Cup volume, with more than $5 billion traded across Polymarket and Kalshi during the tournament’s early stages. Large wins can also come from taking concentrated risk on heavily favored or unlikely outcomes. Polymarket and Binance had not confirmed the findings. The surge has intensified scrutiny of insider trading rules, prompting tighter restrictions on some markets and renewed debate over regulation.
