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A newly created wallet address has wagered $50,000 on the Strait of Hormuz situation and has already incurred a 36% loss.

2026.03.06 - 02:16
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7x24h News

A newly created wallet address has wagered $50,000 on the Strait of Hormuz situation and has already incurred a 36% loss.

According to Lookonchain (@lookonchain), a new wallet address named “Idothisfromtimetotime” was created three hours ago and placed a $50,000 bet that Iran would not close the Strait of Hormuz before March 31. The wallet has currently incurred a loss of $18,000, representing a loss rate of 36.15%.

2026.03.06 - 02:16:12

TechFlow News: On March 6, according to Lookonchain (@lookonchain), a new wallet address named “Idothisfromtimetotime” was created three hours ago and placed a $50,000 bet that Iran would not close the Strait of Hormuz before March 31. Currently, this wallet has incurred a loss of $18,000, representing a loss rate of 36.15%.

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