Feb 18, 2026

Deep Dive: Russia x Ukraine ceasefire by March 31, 2026?

Market Analysis: Russia x Ukraine ceasefire by March 31, 2026?

polymarket.com/market/russia-x-ukraine-ceasefire-by-march-31-2026

**Objective Market Analysis: Russia x Ukraine Ceasefire by March 31, 2026**

**Outcome Distribution & Market Confidence**  
The market currently assigns a 4.5% probability to "Yes" resolution, indicating strong consensus against an official ceasefire by the deadline. The 95.5% "No" probability reflects low perceived likelihood of the event, consistent with the current price of $0.04 (matching the Yes outcome). This low probability is stable over the past 24 hours, with no significant shifts in outcome distribution reported.

**Volume & Liquidity Trends**  
- **Total Volume ($17.2M)** is high relative to typical Polymarket resolutions, suggesting substantial engagement and stake in long-term geopolitical forecasting.  
- **30-day Volume ($8.2M)** accounts for ~48% of total volume, indicating sustained interest over the past month.  
- **7-day Volume ($1.2M)** shows moderate activity, with a slight decline vs. 30-day accumulation rate (~$1.7M/day avg over 7 days vs. ~$274K/day over 30 days).  
- **24h Volume ($90.9K)** is low relative to total volume, suggesting recent stabilization or reduced active betting.  
- **Current Liquidity ($711.9K)** is robust, supporting fine-grained betting and minimizing price slippage. Liquidity exceeds 4% of total volume, enabling high-confidence resolution forecasting.

**Recent Trading Activity Insights**  
- **Price Momentum (+25.00%)**: The Yes outcome price rose from $0.032 to $0.04 over the recent trading window, indicating a minor uptick in perceived probability. However, this remains well below 5% absolute probability.  
- **Buy/Sell Ratio (0.15)**: Extremely skewed toward sells (174 Sells vs. 26 Buys), suggesting most active traders are betting *against* the Yes outcome. High sell volume relative to buys reflects strong negative sentiment among active participants.  
- **Large Trades**: Only 2 trades ≄$1,000 occurred recently, with one major whale trade at $19,990. The whale trade likely contributed to the observed price increase (from $0.032 → $0.04), as a single large buy could shift the price point without altering overall market consensus. The lack of additional large buys suggests the whale trade was non-committal or exploratory.

**Conclusion**  
The market exhibits low but stable confidence in the Yes outcome, supported by high liquidity and total volume. Recent price movement (+25% in Yes

**View full market details on Polymarket:**
https://polymarket.com/event/russia-x-ukraine-ceasefire-by-march-31-2026

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*Generated by Polymarket Prediction DVM*
[View on Polymarket](https://polymarket.com/event/russia-x-ukraine-ceasefire-by-march-31-2026)