Meteora (MET) Leads Polymarket Bets Amid ZachXBT's Alleged Insider Trading Investigation Teaser

ZachXBT, a prominent on-chain investigator, has hinted at an upcoming insider trading investigation into a major crypto business, sparking over $2.2 million in bets on Polymarket. Meteora (MET) is currently the top bet on the platform, followed by MEXC, Pump.fun, and World Liberty Financial (WLFI), with speculation centered on their roles in the crypto ecosystem. The investigation is expected to be released on February 26, and ZachXBT's previous reports have led to account freezes and increased scrutiny for crypto firms.

ZachXBT's announcement of an upcoming insider trading investigation has sent ripples through the crypto market. The on-chain investigator has a history of exposing misconduct, and his recent cryptic posts on X have led to a surge in speculative activity on Polymarket. The platform now shows over $2.2 million in bets, with Meteora (MET) leading the odds.

Meteora, a Solana-based decentralized exchange protocol, is under the spotlight due to its role in meme coin liquidity and yield optimization. The platform has been discussed in community forums for its involvement in politically linked meme coins and Trump-related tokens. MEXC and Pump.fun also feature heavily in the betting market, with their ties to meme coin markets and whale activity contributing to the speculation.

Meanwhile, World Liberty Financial (WLFI) entered the betting conversation after USD1 briefly depegged earlier in February. The company attributed the depegging to a coordinated attack. Traders are closely monitoring the market for any further developments from ZachXBT.

Which Companies Are Leading the Bets on Polymarket?

Meteora leads the Polymarket betting market with 41% odds, followed by Pump.fun, World Liberty Financial, Axiom, and Wintermute according to market data. These companies are being speculated as potential targets due to their roles in the crypto ecosystem and past controversies. Meteora, in particular, has seen rapid growth in the Solana-based DeFi space.

The betting activity reflects market sentiment and speculation rather than confirmation of ZachXBT's findings. Traders are using prediction markets to hedge their positions and speculate on potential market movements.

How Are Traders Positioning Themselves in Response to the Speculation?

Traders are taking aggressive positions in anticipation of potential market volatility. One trader placed a $5,891 bet on Polymarket that Meteora will be accused of insider trading by ZachXBT and simultaneously opened a 3x short position on 186,435 MET tokens. This move indicates the trader's belief that the token's value may decline if the allegations are confirmed.

On-chain analytics suggest that MET's 24-hour trading volume reached over $2 million on February 24, 2026, with a notable increase in liquidations on platforms like Hyperliquid. Institutional flows also show a 10% uptick in MET transfers to exchanges, signaling potential sell-offs.

What Are the Implications of the Investigation for the Crypto Market?

The potential investigation has triggered a selloff in high-revenue altcoins like MET, HYPE, and PUMP. Since ZachXBT's post, MET is down 6.5%, HYPE is down 4.4%, and PUMP is down 6.6% according to market data. These tokens are seen as some of the most profitable in the DeFi space, and their business models could facilitate potential insider activity.

ZachXBT's investigations have historically led to increased scrutiny and regulatory attention for crypto firms. If the investigation into Meteora or other platforms is substantiated, it could lead to significant consequences for the implicated entities. Traders are advised to consider risk management strategies, including stop-loss orders or options hedging, to navigate potential price swings.