PPP’s prediction market tracker shows a sharp move in Polymarket pricing for Ethereum targets this month. The market for ETH reaching $2,700 during the rest of September climbed to 66%, up 38% over the past 24 hours. A separate market for ETH touching $2,800 rose to 40%, marking a 24% gain over the same period. Settlement rules for these contracts are tied specifically to Binance’s ETH/USDT market. Under those rules, the contract resolves to Yes if the high of any 1-minute Binance ETH/USDT candle reaches or exceeds the target price at any point during the specified month; otherwise, it resolves to No. Prices from other exchanges or trading pairs are not counted for settlement.
PPP’s prediction market tracker shows that on Polymarket, the odds of ETH reaching $2,700 during the rest of September have risen to 66%, up 38% over the past 24 hours.
The probability of ETH touching $2,800 in the remaining days of September has also climbed, reaching 40% after a 24% increase over the same period.
Settlement is based only on Binance ETH/USDT data
Under the market’s settlement rules, the contract resolves to Yes if, during the specified month, the high of any 1-minute candle on Binance ETH/USDT reaches or exceeds the target price. If that does not happen, it resolves to No.
The market uses only Binance ETH/USDT price data for settlement. Prices from other exchanges or other trading pairs are excluded.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
