The US stock market is truly something else—apart from regular trading, traders there also place very big bets.
About seven years ago, I did a six-month assignment for a trading firm—I had to sit on the trading floor. Personal phones, laptops, etc., were all left outside before entering the office. That’s when I saw with my own eyes what real trading actually looks like. At that time, the Cricket World Cup was going on, and during lunch breaks the traders used to place bets on it. On the app of a major trading provider, people from all over the world were betting on the World Cup—I witnessed all this very closely.
Since yesterday, there has been a buzz in America over a similar kind of incident.
Yesterday, the White House Press Secretary Karoline Leavitt suddenly ended the White House press briefing just a few seconds before completing 65 minutes.
On the Kalshi platform, a betting market was running on whether this press briefing would last more than 65 minutes or not. Until a few minutes before it ended, a 98% probability was being shown in favor of “yes,” which made betting on “no” extremely cheap.
But the moment Leavitt stopped the briefing just before completing exactly 65 minutes, those who had bet on “no” made nearly 50 times profit within a few seconds.
After this incident, suspicion of insider trading arose, because just before ending the briefing, Leavitt was seen looking upward—possibly at a clock or some signal.
On social media, many people believe that a member of the team or someone close to the White House placed a last-moment bet on “no,” and Madam ended her speech at precisely that moment. It could be just a coincidence, but this topic is hot in the media.
By the way, look at the kind of bets going on here—will Trump buy Greenland? Who will become the new Governor of California? Who will be the next President? And will we get a check of profits from tariffs?
As for the last bet, that particular person too is watching it very closely!
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Writer’s Bio:
Mann Ji is a US-based NRI with a deep interest in history and global affairs. Writing is his passion, through which he explores power, politics, and the hidden patterns of the past, presenting complex events in a sharp, thought-provoking narrative style.
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