A Twitter user alleges that Polymarket Perps experienced wash trading involving 17 connected wallets that traded $10.51 million exclusively with each other over 96 hours in September 2026, generating fake volume at minimal cost through coordinated buy-sell reversals within seconds.
A trader alleges that 17 connected wallets on Polymarket Perps engaged in wash trading, moving $10.5 million between accounts and executing simultaneous buy-sell trades with zero net position change over 96 hours to fabricate trading volume while paying minimal fees.