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Massive Bets Before Rate Decision: Address Spends Nearly $1 Million Betting on "March Rates Unchanged"
Odaily Seer Insight Channel monitoring shows that a certain address has invested $954,699, betting that the Federal Reserve’s March FOMC interest rate decision will remain unchanged. The average open position price is approximately 99.5¢, and the probability of this event has now approached 100%.
Based on current pricing, if the interest rate remains unchanged, this position is expected to yield a profit of about $4,700.
The Federal Reserve’s March FOMC interest rate decision will be announced at 2 a.m. Beijing time on March 19, with only about 12 hours remaining.
With odds nearly converging to certainty, several addresses have made large entries today, and the market pricing has already regarded “no change in interest rate” as a certainty.
Odaily Seer Insight Channel continues to monitor prediction markets, seeing changes before they are priced in.