ZachXBT finally revealed his investigation, showing insider activity on the Axiom trading platform. A known account was using insider access to track accounts and individual wallets.
Axiom is the platform of interest featured in the latest investigation by ZachXBT. Until recently, the prime suspect was Meteora, based on Polymarket activities and attempts at shorting MET. ZachXBT finally revealed the Axiom insider problems, resolving the market decisively.
Just as ZachXBT promised, the platform has been profitable since its launch. According to DeFi Llama data, Axiom has been in the green over the last few quarters. The platform is part of the Winter 2025 batch of startups selected by Y Combinator.
The insider access on Axiom was shared with third parties to track whale wallets, aggressive meme token traders, or KOL wallets. Some of the information was used for profitable trades, based on tracking wallets that were previously not linked to an identity.
Wallets are generally discoverable, but it is more difficult to connect them to identities. In the case of Axiom, the exchange had internal tools that disclosed much more data about the wallet owner. Axiom stated it had already removed access to those tools and is investigating the issue.
Some of the latest disclosures happened as late as February 2026. Connecting a wallet to an identity can also lead to personal risk, as in the case of recent attacks against crypto holders.
Nansen also identified the insider’s main wallet, to track any trades based on tracking other whales. According to Nansen, the trader moved funds through several intermediary wallets to trade meme tokens, then cashed out most often via Kraken.
At this point, it remains uncertain whether the trading led to significant price swings for meme tokens, as they are inherently volatile. However, the trader, known as Broox, had an edge in observing the behavior of whales or KOLs and could make more informed trading decisions.
Polymarket resolves predictions for the ZachXBT investigation
Axiom was trending above the odds of Meteora for a few hours before the market resolved. Previously, ZachXBT warned he may have disclosed some of the information due to his investigation process, and stated he did not expect his research teaser to go viral and lead to the creation of a prediction market.
By the time the actual platform was announced, the prediction market reached over $39M in total volume, becoming one of the top pairs on Polymarket.
At one point, users noted some of the predictions on Axiom were also coming from potential insider wallets. For now, they are not connected to the wallets of Broox.
Axiom is a tokenless protocol, so it had no asset to be affected by the reputational damage. MET tokens still hovered around $0.18 despite no accusations of insider activity.
Source: https://www.cryptopolitan.com/zachxbt-reveals-insider-activity-on-axiom/
