Gate News reports that on March 13, the Polymarket prediction market for the event “Will Russia and Ukraine ceasefire before March 31, 2026” saw the probability of Russia and Ukraine reaching a ceasefire by the end of March drop to 2%. The market’s 24-hour trading volume is approximately $355,000, with a total trading volume of $24.726 million. The probability of this event had previously increased but has been steadily declining this month, while trading volume continues to grow. Mainstream traders still consider a short-term ceasefire between Russia and Ukraine to be a very unlikely event.
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