Updated
Updated · Benzinga · Jul 2
Polymarket Bettors Stake $13 Million on Putin Exiting by 2026 as Ukraine Pressure Mounts
Updated
Updated · Benzinga · Jul 2

Polymarket Bettors Stake $13 Million on Putin Exiting by 2026 as Ukraine Pressure Mounts

3 articles · Updated · Benzinga · Jul 2

Summary

  • $13 million has been traded on a Polymarket bet over whether Vladimir Putin will leave power by 2026, making it one of the platform's busiest markets.
  • Ukraine's intensified strikes on Russian energy infrastructure have added to security pressure on the Kremlin, and Putin recently acknowledged Russia was going through a difficult period and facing fuel shortages.
  • Putin still has strong formal backing: 2020 constitutional changes reset his term limits, allowing him to remain in office until 2036, and he said last month it was too early to discuss staying that long.
  • The betting contrast is stark — traders are actively pricing a possible Putin exit, but give Ukraine only 12% odds of retaking Crimea, the peninsula Russia annexed in 2014.

Insights

With rivals plotting and the economy in crisis, is the $13M bet on Putin's downfall a smart gamble?
As Ukrainian drones drain Russia's war chest, will Putin's power collapse before his oil refineries do?