"No Hormuz agreement" contract reprices to 89%, up 73.2 points in 72 hours

Polymarket’s “no Hormuz agreement” outcome reached 89%, rising 73.2 percentage points over 72 hours, according to Swiss Whale Intelligence’s Oct. 13 daily note. The move represents a substantial shift toward the contract’s Yes outcome—which, in this negatively worded market, means no agreement.

A sharp shift in geopolitical pricing

Swiss Whale Intelligence described the change as a repricing of geopolitical risk separate from the on-chain signals it tracks. Its note was published at 21:00 UTC on Oct. 13, 2026, following a reporting window from 20:00 UTC on Oct. 12 to 20:00 UTC on Oct. 13.

The supplied report does not identify a diplomatic development driving the move or provide the contract’s deadline, resolution criteria, trading volume or liquidity. The 89% reading therefore documents market pricing, not confirmation that an agreement has failed or that the outcome is settled.

Crypto indicators offer a separate backdrop

The same note reported Bitcoin closing at $83,204, up 0.53%, with a fear & greed index reading of 57 and an on-chain structure Swiss Whale Intelligence classified as neutral within the cycle. Whales sent a net 1,144 BTC ($95.1 million) into exchanges, while USDC exchange flows showed a net 298 million USDC inflow. Those figures provide context for the broader report, but it supplied no evidence that they explain the Hormuz contract’s movement.

What it means for prediction markets

• Read the outcome carefully: The 89% price applies to Yes on whether there will be no Hormuz agreement—not to the probability of an agreement.
• The magnitude is the central signal: A 73.2-percentage-point rise in 72 hours shows a pronounced change in pricing, but the report does not establish its cause.
• Key market details are missing: Without the deadline, resolution rules, volume and liquidity, readers cannot fully assess what qualifies as an agreement or how much trading supported the repricing.