Polymarket traders price 84% odds Ethereum hits $2,600 in October

Polymarket traders have pushed the probability of Ethereum reaching $2,600 in October to 84%, up 13 percentage points in a single day. The surge in odds has fueled market expectations, though actual capital inflows are expected to remain limited.

A 13-point single-day move on a crypto price target shows Polymarket functioning as a real-time sentiment gauge for digital assets, but the article notes the price action may not translate to actual capital flows.