Prediction Markets Just Hit Record Volume: $BTC Is The Catalyst 🤯

Polymarket, the premier hub for decentralized prediction markets, just shattered its volume records, logging an astonishing 18.6 million transactions in November. The Open Interest concentration is the real story here, heavily weighted toward Crypto and Politics. This dual focus signals that market participants are aggressively using these platforms to price in massive geopolitical shifts and future price movements for assets like $BTC and $ETH. High OI in these highly volatile categories is a powerful leading indicator, showing extreme capital flow chasing speculative outcomes. Watch this correlation closely. 📈

This is not financial advice.

#PredictionMarkets #CryptoAnalytics #Polymarket #BTC

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BTCUSDT

Perp

90,126.3

-0.23%

ETHUSDT

Perp

3,112.28

+0.69%