Paris Temperature Anomalies Spark Manipulation Allegations on Polymarket
- Controversial Temperature Readings: Irregular temperature readings at Charles de Gaulle Airport led to approximately $37,000 in payouts on Polymarket, raising serious questions about the platform's data verification processes.
- Data Source Concerns: The temperature data on April 6 and 15 relied solely on the airport weather station, with no replication at other monitoring stations, casting doubt on the accuracy of market settlements and increasing skepticism about Polymarket's settlement mechanisms.
- Suspicious Trading Patterns: Blockchain analytics firm Bubblemaps uncovered potentially coordinated trading behavior, revealing that one participant profited over $21,000 by betting against the temperature anomaly, intensifying concerns about possible data manipulation.
- Official Investigation Launched: Météo France has filed a formal complaint with aviation security, alleging possible interference with automated weather monitoring at the airport, prompting law enforcement to investigate the authenticity of the temperature data used for Polymarket settlements, highlighting significant vulnerabilities in the platform's data reliance.
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Technical Analysis for BMT
Technical Sentiment Analysis for Bubblemaps (BMT). As of , Bubblemaps (BMT) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 4 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for BMT stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, BMT is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bubblemaps (BMT) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0118 | 0.0134 | 0.0147 | 0.0163 | 0.0175 | 0.0191 | 0.0203 |
| Fibonacci | 0.0134 | 0.0145 | 0.0152 | 0.0163 | 0.0173 | 0.018 | 0.0191 |
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